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Pociatek: Slovakia Will Consolidate Its Finances This Year
Thursday 25 February 2010 Zoom in | Print page
Bratislava, February 25 (TASR) - There could be other co-ordinated anti-crisis economic stimuli at the European level resembling the scrapyard contribution scheme, but Slovakia won't go that way, Finance Minister Jan Pociatek said on Thursday.
"We are no longer considering adopting any similar measures. We've clearly stated that 2010 stands as a year of consolidation for Slovakia, our path is already set and clear," said Pociatek.
The majority of European member states are still addressing the issue of how the EU economies will develop. According to Pociatek, it's still not clear whether 2010 will prove to be a year of definitive public finances consolidation or if individual states will introduce additional economic stimuli. "It's possible that the European states will concur that their economies need to be stimulated, and then another set of measures can be expected," he claimed.
Pociatek views the scrapyard contribution as a positive anti-crisis measure, as it brought more than €19.06 million to the state coffers.
The Economy Ministry originally allocated a total of €55.25 million for both rounds of scrapyard contributions, which should have been used for the purchase of 44,200 automobiles. However, only €49.83 million of state contributions went into the scheme; meanwhile the total state revenues in VAT amounted to €66.51 million, along with an additional €2.6 million in ancillary fees.
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