February 2005
Emerging Europe Monitor: Central Europe & Baltic States;Feb2005, Vol. 12 Issue 2, p8
Country Report
Country Report
The article provides information about economical, political and business development news related to Slovakia. Going into 2005, the ruling four-party coalition continues to function more cohesively as a minority administration than when it enjoyed a parliamentary majority, in the first year of its rule in 2003. The government's reformist track record will continue to earn the country strong inflows of foreign direct investment, with Ford Motor Co. being the latest multinational to announce plans to invest in the flourishing automotive sector. Other reforms have also recently seen the government approve the EUR840mn sale of leading power producer, Slovenske Elektrarne, to Italy's Enel. The sale agreement signals the end of the first wave of large-scale privatization that began after 1998.


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