Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Kažimír to represent Slovakia at ESM

FINANCE Minister Peter Kažimír will become Slovakia’s top representative on the board of governors of the European Stability Mechanism (ESM), the Finance Ministry announced on September 25, as reported by the TASR newswire.

FINANCE Minister Peter Kažimír will become Slovakia’s top representative on the board of governors of the European Stability Mechanism (ESM), the Finance Ministry announced on September 25, as reported by the TASR newswire.

The inaugural meeting of member-state representatives is set to take place on October 8. Member states must therefore send the credentials of their delegates to the administrative bodies of the institution by September 30. Kažimír was appointed as the cabinet member in charge of the country’s finances. Finance Ministry State Secretary Vazil Hudák is set to become Slovakia’s ESM deputy governor.

Hudák has also been appointed as a top representative on the ESM Board of Directors, with Finance Ministry European Affairs department director Robert Auxt as his deputy, TASR wrote.

The institution, which is currently being set up, will have three chief administrative bodies – a board of governors, a board of directors and a managing director. The voting rights of each member state depend on the volume of shares allocated to each country. Slovakia’s contribution to the ESM accounts for 0.824 percent of the approved capital of the mechanism, meaning that the country has 57,680 shares out of a total of 7 million.

Top stories

Former MP František Gaulieder killed by train

Former MP František Gaulieder, who once was illegally excluded from parliament by HZDS and its chairman, was killed by a train near the village of Trnovec nad Váhom (in Nitra Region) in the early hours of March 25.

František Gaulieder back in 1996 hwen he was excluded from parliament.

Slovakia beats Malta in World Cup qualification Video

The Slovak team beat Malta on March 26 evening at the Maltese stadium in Ta’Qali in their third consecutive winning qualification match.

Slovak rejoice after scoring a goal in Malta, March 25.

Breath-taking photographs of Slovak mountains Photo

Young photographer Šimon Trnka is proving the beauty of (not only) Slovak mountains in his photographs.

Discrimination, police brutality highlighted

The Slovak Spectator reviews some of the cases which Ombudswoman Jana Dubovcová has cited in her reports.

Less than dozen MPs were listening to Obudswoman