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

Pohoda Festival will return to Trenčín airport next week. Black Pumas, Sigrid, Lianne La Havas, Wolf Alice, Slowthai are some of the artists to perform at the festival.

Weekend: Trstená’s Hollywood feel

A trip to Trstená, lavender fields, or a folk music festival are our weekend tips for you.


1. jul

Soothing violet and buzzing: "u pick" lavender farm welcomes visitors

The area covers some 3.5 hectares with about 76,000 plants.


29. jun
Students from Trnava with their electric car.

Slovak student-made electric car off for a race in France

A team from Trnava is representing Slovakia at an international competition of young innovators.


29. jun

New cure for potentially deadly canine disease comes from Slovakia

Cure stops the disease from recurring, scientists say.


29. jun
SkryťClose ad