Slovak Government Creates Protective Measures against World’s Financial Crisis (Slovensko Vytvari Ochranne Meritka proti Svetove Financni Krizi)

14 10 2008

Clanek 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.

 

Robert Fico, Slovakia’s Prime Minister, declared that the Slovak banking sector is secure and the new proposal will only bring more stability to the European banking sector. He also added that the chances of financial crisis in the Slovak Republic are very low.

 

The Slovak economy, however, can be affected by the slowdown in the rest of Europe but Viliam Ostrozlik, the Vice Governor of the National Bank of Slovakia, assured the media that the impact of loss of investments in European markets will have a negligible effect on the Slovak financial sector.

 

***

Jan Pociatek, Slovensky ministr financi, sdelil pred necelym mesicem, ze slovensky financni sector investoval vetsinou jen do domaci ekonomie a nikoliv do riskantnich hypotek. Na zaklade tohoto prohlaseni, ztraty v teto obasti by mely mit pouze maly efekt na jejich financni trh.

 

Slovenska vlada navic chtela ujistit verejnost, ze jim nehrozi zadna financni krize a take nedavno schvalila navrh na ochranu bankovnich vkladu do celych 100 procent a ne originalnich 90 procent – az do ~600.000 Sk (~27.000 USD). Slovensky parlamet musi schvalit tuto iniciatiu pozdeji v tomto mesici.

 

Robert Fico, slovensky predseda vlady, oznamil ze slovensky bankovni sector je v bezpeci a ze novy navrh jen prinese vice stability do evropskeho bankovniho sektoru. Take dodal, ze sance na dosazeni financnich krizi na Slovensku jsou velmi male.

 

Slovenska ekonomika je ale nicmene ovlivnena zpomalenim ve zbytku Evropy, ale Viliam Ostrozlik, mistoguverner Slovenske Narodni Banky, ujistil media, ze ztraty v evropskem trhu budou mit zanedbatelny dopad na slovensky financni sektor.

 

Sources (Zdroje):

http://www.sktoday.com/content/1617_slovak-government-wants-guarantee-100-percent-deposits-banks

http://www.sktoday.com/content/1591_regulations-slovak-banking-sector-will-be-tightened

http://www.spectator.sk/articles/view/33109/3/european_banks_catch_a_cold.html

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14 10 2008
Slovak Government Creates Protective Measures against World’s Financial Crisis (Slovensko Vytvari Ochranne Meritka proti Svetove Financni Krizi) | World Financial Crisis Blog

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14 10 2008
Slovak Government Creates Protective Measures against World’s ... | World Financial Crisis Blog

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17 10 2008
Muthu

This is a good article for a Slovak Government Creates Protective Measures against World’s Financial Crisis.this is good economical experience for him.
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Muthu

Sreevysh Corp

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