Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

EC rejects Dôvera’s motion

THE EUROPEAN Commission has rejected a motion by the private health insurer Dôvera which asked it to examine alleged state assistance to state-run health insurers into which previous governments poured €153.4 million in total, the Trend weekly wrote on its website on December 8. According to Andrej Králik of the Representation of the European Commission (EC) in Slovakia, provision of the assistance was not at odds with the European Union rules regarding state aid.

THE EUROPEAN Commission has rejected a motion by the private health insurer Dôvera which asked it to examine alleged state assistance to state-run health insurers into which previous governments poured €153.4 million in total, the Trend weekly wrote on its website on December 8. According to Andrej Králik of the Representation of the European Commission (EC) in Slovakia, provision of the assistance was not at odds with the European Union rules regarding state aid.

“State-owned health insurance companies are not companies because they do not carry out any business activity in the sense of the rules of the European Union,” Králik told Trend, referring to Spoločná Zdravotná Poisťovňa and Všeobecná Zdravotná Poisťovňa which later united (VšZP).

“Thus their operation is beyond the competence of the supervision of the state aid from the side of the EU.”

Dôvera, the health insurer belonging to the Penta group, sent the motion to Brussels back in 2007. The state assistance in question included increases of registered capital, settlements of debts, as well as provision of a subsidy.

The EC studied the circumstances under which this has been happening for seven years. It began a formal investigation in July 2013.

A supervision of state aid from the side of the EU is conducted only when receivers of the state aid are companies carrying out business activity. But according to EC, this is not the case of state insurers.

According to Králik, the commission when making its decision also took into consideration the limitation imposed on health insurers to generate profit, as well as the limited stage of their competition and that Slovakia’s system of health insurance is based especially on the basis of solidarity.

Top stories

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Poll: Smer followed by SaS, KDH also in parliament

Had the general election taken place in mid-February, the opposition Freedom and Solidarity (SaS) would place second, and the now extra-parliamentary KDH would get nine seats.

Alojz Hlina took over at the helm of KDH

Woman who urinated on the Quran arrested, awaiting trial

Some observers believe the video might lead to increasing security risks for Slovakia.

The accused woman arrives to the court.