By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
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
Indebta > News > Slovak president unnerves western allies by deciding against re-election bid
News

Slovak president unnerves western allies by deciding against re-election bid

News Room
Last updated: 2023/06/20 at 2:29 PM
By News Room
Share
4 Min Read
SHARE

Slovakia’s president Zuzana Čaputová, a standard-bearer for liberal politics in central Europe, will not seek re-election next year, adding to doubts over the country’s pro-western politics. 

The decision by Čaputová, a former human rights lawyer who became her country’s first female president in 2019, comes after a year of political turmoil in Slovakia that has boosted the Moscow-friendly ex-premier Robert Fico.

Čaputová was elected in 2019 on a pledge to uproot corruption, after the assassinations of a journalist and his fiancée sparked mass street protests and eventually forced the resignation of Fico. 

Fico and his Smer party are now frontrunners to win a snap parliamentary election in September that was called after caretaker prime minister Eduard Heger resigned in May, deepening his country’s political crisis.

A comeback by Fico in Slovakia’s election would pose a further challenge to Nato and EU unity over Ukraine, bolstering Viktor Orbán of Hungary’s more sceptical view of sanctions against Russia.

Čaputová’s announcement on Tuesday is likely to further unnerve western allies who had pinned their hopes on her presidency helping to steady domestic politics. “I’m sorry if I disappoint those who expected me to run again,” Čaputová told a news conference on Tuesday. “The fate of Slovakia is not in the hands of one person.”

Čaputová said that she decided for personal reasons that she was not ready for another five-year mandate, after serving through turbulent years covering the pandemic, Russia’s war in Ukraine and the resulting economic hit for Slovakia.

Fico’s campaign has focused on highlighting the cost for Slovaks of supporting sanctions against Russia, which was Slovakia’s main energy supplier before last year. He has also presented himself as a defender of Slovak sovereignty in the face of Nato pressure, lambasting the previous government for authorising in March the delivery of MiG-29 fighter jets to Ukraine without first seeking approval from parliament. 

After Heger’s resignation, Čaputová appointed the first technocratic caretaker administration, led by former central banker Ľudovít Ódor. Slovak politics have been in limbo also because of feuding among the main politicians of the previous coalition government.

Ódor said in an interview with the Financial Times two weeks after taking office that “the very fact that I’m sitting here is the result of a certain chaos in Slovakia’s politics. This wasn’t my dream job . . . This is the outcome of failures of the previous government.” 

Speaking on the sidelines of a conference last month organised by Slovak think-tank Globsec, Japan’s ambassador to Bratislava said that he “really hoped” Čaputová would seek another term as president, particularly given the uncertain outcome of the September election. 

“Among the ambassadors here, we say that we don’t want to have a second Hungary in this region,” ambassador Makoto Nakagawa told the FT.

Čaputová could still play a pivotal role after September’s parliamentary elections if there is no outright majority, as opinion polls indicate. The Slovak president has limited executive powers, but one of them is to appoint the prime minister. 

“She represented the liberal side of this region and not only Slovakia, and she is now deciding not to run for personal reasons in a race that looked very favourable to her,” said Slovak analyst Milan Nič from the German Council on Foreign Relations. “In the long run I am not happy but in the short run she could be more decisive in the post-election scenario . . . because she will no longer have any specific constituency to please.” 

Read the full article here

News Room June 20, 2023 June 20, 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
What the end of the de minimis exemption means for shoppers, retirement health costs savings tips

Watch full video on YouTube

Why Jobs Are Disappearing In The U.S.

Watch full video on YouTube

Cracker Barrel Old Country Store, Inc. (CBRL) Q4 2025 Earnings Call Transcript

Operator Good day, and welcome to the Cracker Barrel Fourth Quarter Fiscal…

What’s next in the Trump vs Lisa Cook saga, how to play furniture stocks

Watch full video on YouTube

How the state and local tax deduction affects homeowners

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

Cracker Barrel Old Country Store, Inc. (CBRL) Q4 2025 Earnings Call Transcript

By News Room
News

Ralph Lauren Corporation (RL) Analyst/Investor Day Transcript

By News Room
News

Robert Redford, American actor, director and environmentalist, 1936-2025

By News Room
News

Black Rock Coffee Bar (NASDAQ:BRCB): Too Hot For My Taste

By News Room
News

The Gabelli Global Mini Mites Fund Q2 2025 Commentary (GGMMX)

By News Room
News

B2Gold: Even More Bullish After Goose Mine Started & Gold’s New ATH, Stock Barely Moved

By News Room
News

2026 Expected S&P 500 EPS Hasn’t Wavered Much From Expected 14% Growth Rate

By News Room
News

Stanley Black & Decker, Inc. (SWK) Presents at Morgan Stanley’s 13th Annual Laguna

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.

Welcome Back!

Sign in to your account

Lost your password?