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Premier and ZMOS Discuss Hasty Solutions for Municipalities

Bratislava, July 15 (TASR) - Premier Iveta Radicova (SDKU-DS) has met with representatives of municipalities the Association of Towns and Villages of Slovakia (ZMOS) and regions (VUCs) to discuss ways to help the floods-affected areas, she announced afterwards at the Government Office on Thursday.

They have jointly agreed to secure substitute housing for those people who have lost their home due to the floods.

ZMOS chief Michal Sykora told the premier of the financial difficulties of municipalities as a result of the shortfall in their revenues. "The main factor is a high unemployment rate," said Radicova, who learnt about the need to tackle the crucial situation by advancing funds.

Radicova intends to discuss the amount of subsidies for municipalities after Cabinet's manifesto has been approved and the situation in public finances mapped out.

Leaders of regions and municipalities have acknowledged the serious economic state of the country. "Initial estimates signal that Slovakia's deficit is over 7 percent of GDP far from the 5.5 percent (proclaimed by the previous finance minister), the debt has risen by €1 billion over the recent period alone," she said.

"This country's deficit is truly very high, and will be very close to that of Greece towards the end of this year," said Radicova.

Sykora after the meeting declared himself happy to have quickly agreed with premier on shared solutions. "I am pleased to have been able to speed things up and work together," he said.

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