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
9
Notification Show More
Videos
Ranking the Mag 7 stocks: Nvidia is the top stock
15 hours ago
Videos
How A Convenience Store Became One Of America’s Largest Pizza Chains
15 hours ago
News
GameStop: Profitable Trading Card Business With Net Cash Masquerading As A Meme Stock
16 hours ago
News
Oracle shares surge 25% to record high on jump in future AI revenue
20 hours ago
Videos
Trump announces trade deal with Philippines, Alphabet earnings preview
2 days ago
News
The Goldman Sachs Group, Inc. (GS) Presents at Barclays 23rd Annual Global Financial
2 days ago
Videos
How Tesla performs post earnings: A historical look back
3 days ago
Videos
Who’s Dominating Athleisure Right Now And Why It Isn’t Giants Like Nike And Lululemon
3 days ago
News
Arrowhead Pharmaceuticals, Inc. (ARWR) Cantor Global Healthcare Conference 2025 Transcript
3 days ago
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 > 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
Ranking the Mag 7 stocks: Nvidia is the top stock

Watch full video on YouTube

How A Convenience Store Became One Of America’s Largest Pizza Chains

Watch full video on YouTube

GameStop: Profitable Trading Card Business With Net Cash Masquerading As A Meme Stock

This article was written byFollowJulian Lin is a financial analyst. He finds…

Oracle shares surge 25% to record high on jump in future AI revenue

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

Trump announces trade deal with Philippines, Alphabet earnings preview

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

GameStop: Profitable Trading Card Business With Net Cash Masquerading As A Meme Stock

By News Room
News

Oracle shares surge 25% to record high on jump in future AI revenue

By News Room
News

The Goldman Sachs Group, Inc. (GS) Presents at Barclays 23rd Annual Global Financial

By News Room
News

Arrowhead Pharmaceuticals, Inc. (ARWR) Cantor Global Healthcare Conference 2025 Transcript

By News Room
News

Production Cuts At Major Uranium Mines Help URNJ (NASDAQ:URNJ)

By News Room
News

VICI Properties: I’m Backing Up The Truck Despite Las Vegas Tourism Slump

By News Room
News

Chevron’s Higher Valuation Relative To Peers Hard To Justify (NYSE:CVX)

By News Room
News

Invesco Limited Term California Municipal Fund Q2 2025 Commentary (MUTF:OLCAX)

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?