Slovak Prime Minister Robert Fico ’s government may fail to win a second term as new parties tap into disaffection with corruption and rising debt among the first generation of voters who never lived under communism.
Slovak opposition leader Robert Fico said he would follow through with his vision of a social state that increases subsidies for the poor while supporting Europe’s fight against a debt crisis after winning elections.
Slovak Prime Minister Robert Fico’s cabinet agreed to buy back a minority stake in gas company Slovensky Plynarensky Priemysel, completing a multi year push to regain full control over consumer gas prices.
Slovakia’s next government is committed to narrowing the budget deficit to below the European Union’s ceiling of 3 percent of economic output in 2013 by taxing the rich and companies, Premier-elect Robert Fico said.
Slovakia, which held up approval of the euro area’s rescue mechanism last year, won’t cause any more problems for the currency region in its fight to end the sovereign-debt crisis, Premier-elect Robert Fico said.
Slovak parties that pledge to cut spending said they expect to put together a majority coalition within days, even as President Ivan Gasparovic gave Prime Minister Robert Fico the first chance to form a government.