Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Law on pensions protection criticised

THE RULING Smer party wants to block the second pension pillar, said the opposition MPs who attended a meeting at which the Labour Minister Ján Richter presented the basic principles of a new constitutional law regarding protection of pensions.

THE RULING Smer party wants to block the second pension pillar, said the opposition MPs who attended a meeting at which the Labour Minister Ján Richter presented the basic principles of a new constitutional law regarding protection of pensions.

“It is a big problem for us,” said MP for the Christian Democratic Movement (KDH) Július Brocka, as quoted by the SITA newswire. He added that on September 1, 2012, Smer significantly altered the savings scheme when it decreased the contribution to the second private pension pillar from 9 to 4 percent.

Ivan Švejna from Most-Híd said that every opposition party will now prepare its own proposal to protect the pension system. His party, for example, proposes to discuss the first and second pension pillars separately, SITA wrote.

Richter explained that the constitutional law is only a basic proposal concerning both the first and second pension pillars. He added that the negotiations will continue after all parties prepare their own proposals.

“Let’s hope that finally the opposition parties will also show the responsibility and frank interest in stabilisation of the pension system and the negotiations will end in agreement,” Richter said, as quoted by SITA.

Top stories

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

Slovakia vies for medicines agency

What chances does the country have at winning the seat of the prestigious European Medicines Agency that needs to relocate from London?

Illustrative stock photo

Vote-buying scandal lands village mayor in court

Some Roma claiming the mayor of Gemerská Poloma, Miroslav Michalka was buying votes, have changed their testimonies.

Stanislav Kučerák (blue shirt) is a key witness in the vote-buying case.

British embassy opens condolence book

The book will be opened for two days.

Floral tributes are laid out in Manchester, England, on May 23, 2017, the day after the suicide attack at an Ariana Grande concert that left 22 people dead as it ended on May 22 night.