24. March 2004 at 10:08

Slovak pensioners get Sk1000 compensation for tough reforms

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Slovak pensioners might get a one-time reimbursement of Sk1000 (€25) to ease the impact of reforms, Finance Minister Ivan Mikloš announced.

Mikloš reported that state budget developments are positive thanks to the strength of the Slovak currency and expected income from taxes, the daily SME wrote.

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The Finance Minister is confident that he can find the Sk1.2 billion (€29.6 million) necessary to pay the compensations.

The Hungarian Coalition Party (SMK) came up with the idea of reimbursing the pensioners who were most hit by the economic reforms.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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