Public Finances In Fine Shape

July 2005
Emerging Europe Monitor: Central Europe & Baltic States;Jul2005, Vol. 12 Issue 7, p9
Country Report
Country Report
The article reports on developments related to the financial conditions in Slovakia. The government has forecast foreign direct investment inflows at �1.5-2.0 billion for 2005, although this figure could be buoyed following the South Korean carmaker company Kia's decision to raise its investment in Slovakia to �960 million from � 825 million. Fiscal tightening has cost the Slovak government public support ahead of the 2006 general elections. Although a reckless pre-election spending spree would be out of character for the current administration, its replacement by a more fiscally relaxed government is certainly possible.


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