Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Government to review contracts

THE PREVIOUS government spent more than €500 million during its last three months in office, Prime Minister Robert Fico told a press conference, adding that he viewed this as “wasting money and one of the reasons why Slovakia’s state deficit has grown”, the SITA newswire reported.

THE PREVIOUS government spent more than €500 million during its last three months in office, Prime Minister Robert Fico told a press conference, adding that he viewed this as “wasting money and one of the reasons why Slovakia’s state deficit has grown”, the SITA newswire reported.

“It is like getting a white elephant in the form of a deficit; something we would not wish to any government,” Fico stated, as quoted by SITA.

Fico said his government has information about waste at some specific ministries and that all contracts signed between October 2011, when the government of Iveta Radičová fell, and March 2012 will be reviewed, including contracts for goods, construction work and services.

The state budget deficit rose to €1.155 billion in the first quarter of 2012. At the end of February the deficit was €846 million and the deficit at the end of March was €500 million higher than in March 2011. State revenue at the end of March had dropped by 10.3 percent year-on-year to €2.468 billion and expenditures rose by 6.3 percent year-on-year to €3.623 billion, SITA wrote.

Top stories

Marking Maria Theresa Photo

Exhibitions, conferences, coronation festivities and more.

Schloss Hof holds the Alliances and Enmities exhibition.

‘Government seems to control parliament, not vice versa’

Jana Dubovcová talks about her performance as ombudswoman, and the topics that remain for her successor.

Jana Dubovcová leaves the ombudswoman post after five years.

Hostages to fortune

Britain will trigger Article 50 to leave the EU on 29 March. She and her EU partners could, and should, guarantee the rights of their citizens living abroad. That they have not is a disgrace.

Theresa May announced Brexit will start on March 29.

Actor to politicians: You are playing a terrible theatre

One of the main characters in the movie Únos, about Slovak politicians and the mafia in the 90’s has a message for politicians.

Maroš Kramár