By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > News > Central banker to head Slovakia caretaker government as political crisis deepens
News

Central banker to head Slovakia caretaker government as political crisis deepens

News Room
Last updated: 2023/05/08 at 6:57 AM
By News Room
Share
4 Min Read
SHARE

The deputy governor of Slovakia’s central bank will take charge of the caretaker government in a bid to stabilise the country’s politics after the interim prime minister quit ahead of snap elections in September.

President Zuzana Čaputová announced the appointment of central banker Ľudovít Ódor late Sunday, hours after caretaker prime minister Eduard Heger tendered his resignation and called on Čaputová to replace him with a technocrat.

Slovakia’s deepening political crisis could pave the way for Robert Fico, a nationalist politician who is sceptical over aid for Ukraine, to return to power. Former premier Fico is leading the polls ahead of the elections, which are scheduled for September 30.

The trigger for Heger’s decision was a series of ministerial resignations in the past week, most notably that of agriculture minister Samuel Vlčan after he was embroiled in a scandal involving subsidies received by his recycling company. Foreign minister Rastislav Káčer followed a day later, resigning without a specific explanation.

Fico’s Smer party has been leading in opinion polls at slightly under 25 per cent of voting intentions, ahead of another opposition party, Hlas, which was founded by another former prime minister, Peter Pellegrini.

The revival of Smer can be largely traced back to Fico capitalising on popular resentment about high inflation, which he blames mostly on sanctions against Russia. Moscow was the main supplier of gas and oil to Slovakia before the Kremlin launched its all-out attack on Ukraine last year.

Fico has also claimed that Slovakian sovereignty is being threatened by pressure from Nato and the EU to support Ukraine, after Heger decided in March to send MiG-29 fighter jets to Kyiv without fully consulting parliament.

September’s vote could now prove “more critical, as a substantial proportion of the political spectrum is pledging to withdraw support for Ukraine and pressure for immediate negotiations”, said Róbert Vass, president of Slovak think-tank Globsec.

Fico resigned as prime minister in 2018 amid nationwide anti-corruption protests triggered by the murder of an investigative journalist and his fiancée. Fico picked Pellegrini as his successor but the two men have since fallen out, and Pellegrini has so far ruled out any alliance with his former mentor.

Slovakia has been in a political quagmire since last September when internal feuding among the main parties in the coalition government resulted in Heger’s government losing its parliamentary majority.

Heger then lost a vote of no confidence in December, but was still asked by Čaputová to remain in charge of a caretaker administration until the snap election. Heger has meanwhile set up his own party, which he will test in September.

The nomination of Ódor’s cabinet members is not expected to take place until next week.

Heger’s resignation “is the climax for a government that had been gradually losing control and deepening Slovakia’s instability rather than reducing it”, said Slovak analyst Milan Nič from the German Council on Foreign Relations.

Read the full article here

News Room May 8, 2023 May 8, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
US government releases millions of Jeffrey Epstein documents

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Nvidia and AMD unveil new chips at CES, businesses are optimistic despite inflation

Watch full video on YouTube

Meta’s $2 Billion Bet To Win Over Enterprise Customers

Watch full video on YouTube

Tesla lurches into the Musk robotics era

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Donald Trump’s ‘beautiful armada’ underlines US threat to Iran

The USS Abraham Lincoln, one of the US’s 11 aircraft carriers, entered…

- Advertisement -
Ad imageAd image

You Might Also Like

News

US government releases millions of Jeffrey Epstein documents

By News Room
News

Tesla lurches into the Musk robotics era

By News Room
News

Donald Trump’s ‘beautiful armada’ underlines US threat to Iran

By News Room
News

Keir Starmer meets Xi Jinping in bid to revive strained UK-China ties

By News Room
News

Meta Stock: Shock And Awe (Rating Downgrade) (NASDAQ:META)

By News Room
News

Qorvo, Inc. (QRVO) Q3 2026 Earnings Call Transcript

By News Room
News

Anthropic doubles VC fundraising to $20bn on surging investor demand

By News Room
News

EU and India seal trade deal to slash €4bn of tariffs on bloc’s exports

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?