Slovak Government Creates Protective Measures against World’s Financial Crisis (Slovensko Vytvari Ochranne Meritka proti Svetove Financni Krizi)
October 14, 2008Clanek v CESTINE dole.
Less than a month ago Jan Pociatek, Slovakia’s Finance Minister, stated that the Slovakian financial sector mostly invested in the domestic economy and not risky mortgage markets. Based on this statement, loses on these markets would have only a small effect on their financial market.
In addition, the Slovak government wanted to assure the public that there was no financial crisis threat and recently also approved a legislative proposal to protect money deposits in Slovak banks to a full 100 percent instead of the original 90 percent — up to ~600,000 Sk (~$27,000). The Slovak parliament must approve this initiative later this month.
















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