Slovakia

Deal reached


Published

Three government coalition parties and the main opposition party have reached a deal to secure the passing of the European Financial Stability Facility (EFSF) vote this week and secure an early election.

Robert Fico, the leader of the main opposition Direction – Social Democracy (SMER – SD) has agreed with the government that if a bill is passed this week to bring forward elections to 10th March 2012 then they will vote in support of the EFSF.

SMER-SD has 62 seats in the 150 seat National Assembly which will mean the government will easily pass the 76 votes needed to secure the EFSF deal.

Meanwhile, interim prime minister, Iveta Radičová, has frozen the rebel Freedom and Solidarity (SaS) out of further talks and has told their leader Richard Sulík to step down as parliamentary speaker. She has also dismissed the four SaS Cabinet ministers, although there is some question as to whether she can do this now that the government has fallen.

Tagged with:

More detailed briefing on the politics and risk of doing business in this country is available to clients and subscribers. If you would like to know more then please contact enquiries@tradebridgeconsultants.com