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NEWS Orbán
New rules for judges
A new law means that
judges will have to apply
visits
for their positions and re-
veal their links to other
people in the judiciary. All
Slovakia
rulings will also be posted
online. Hungarian premier's first
pg 2
official visit in 12 years
BUSINESS FOCUS
Look north
The Slovak Spectator
Labour Code's new when the last official visit to Slovakia was
made by a Hungarian prime minister. In
fact, that visit was also by Viktor Orbán,
during a previous stint as prime minister.
links with Slovakia. A FAIRER law giving more protec- were reserved in their initial re-
pgs 6, 7 and 8 tion to those who need it the most
is one of the banners under which
the government of Iveta Radičová
BY BEATA BALOGOVÁ
Spectator staff
sponses and said they wanted to first
have a thorough discussion in-
volving voices from various seg-
double their
Trading ties
Norway, Denmark and Fin-
land all have strong trade
unveiled the contours of its
planned changes to the country’s
Labour Code. The centre-right gov-
ments of society.
Radičová said that the pro-
posed amendments to the Labour
profits
relationships with Slovakia. ernment also said it intends to referendum. After Radičová Code are designed to “protect those
With Europe's economy make the law more flexible to bet- presented the government’s pro- who need that protection the BY JANA LIPTÁKOVÁ
now recovering, these look ter meet the needs of the economy positions for changes to the code on most” while the degree of protec- Spectator staff
set to expand. while reducing unnecessary bur- January 31, the Confederation of tion would depend on an
pgs 6, 7 and 8 eaucracy. Trade Unions (KOZ) responded that employee’s qualifications, salary
The stakes are high for it will further discuss the theses and the number of years of em- BANKS operating in Slovakia reached an
Slovakia’s trade unions. In January with Radičová and Minister of La- ployment at a company. important turning point during 2010. After
CULTURE the unions initiated a petition bour Jozef Mihál on February 10. a deep drop in profits in 2009 the banking
drive that could lead to a national Slovakia’s employer associations See TALK pg 4 sector recovered throughout last year and
Cultural blizzard its end-of-year taxed profits are expected
A blast from the north is ex- to reach €513.87 million, according to pre-
pected to last well into early
spring in Slovakia – at least
around galleries and
Trnka departs, GP job now vacant liminary data released by the National
Bank of Slovakia (NBS).
“First, this increase is a consequence of
cinemas – as many kinds of a low comparison base,” Marcel Laznia of
Nordic culture are show- Radičová is going to considerable ing coalition parties want a public the Slovak Banking Association (SBA) told
cased in Slovakia. BY BEATA BALOGOVÁ lengths to ensure that he does not vote. To achieve a change in the way The Slovak Spectator. “2009 was the worst
pg 10 Spectator staff win re-appointment. the general prosecutor is chosen, year for corporate entities, including banks,
Meanwhile, the largest opposi- parliament must amend the law on in recent periods. Under the influence of
tion party in parliament, Smer, prosecution as well as the parlia- negative impacts of the economic decline
tried to initiate a specially mentary discussion order. This on companies and people, profits of the
SELECT FOREX RATES THE TERM of Slovakia’s general pro- summoned session of parliament might mean that a general prosec- banking sector more than halved in 2009.”
€ benchmark as of February 3 secutor, Dobroslav Trnka, elapsed on February 2 in order to hold a vote utor will not be chosen until May. The taxed profit of the banking sector in
on February 2. However, a final de- on the job, but the ruling coalition “The prosecution does not stand 2009 fell 51 percent to €250.1 million, down
CANADA CAD 1.36 HUNGARY HUF 269.75
cision on who will fill one of the blocked the convening of the ses- or fall on Trnka,” Trnka himself said from €508.6 million in 2008. In addition to
CZECH REP. CZK 24.09 JAPAN JPY 112.46
country’s most powerful positions sion. In response, Smer leader on January 29, adding that he was the impact of the economic crisis, banks’
RUSSIA RUB 40.36 POLAND PLN 3.91
is still not in sight, with the ruling Robert Fico and other party mem- leaving neither in anger nor sad- profits were adversely affected by Slovakia’s
GREAT BRITAIN GBP 0.85 USA USD 1.37
coalition and opposition continuing bers unfurled three banners, simu- ness. Nevertheless, on February 2 adoption of the euro and the resulting loss
to quarrel over the how the next top lating a protest rally in parliament. he did let off some steam in a TV in- of income from foreign exchange opera-
prosecutor should be selected. While Smer wants to have the terview. tions, industry experts said.
Trnka has said he might return, but next prosecutor selected in a secret
the ruling coalition led by Iveta ballot and is backing Trnka, the rul- See VOTE pg 2 See PROFIT pg 11
2 February 7 – 13, 2011 NEWS
Judiciary to become
Earthquake felt in southern Slovakia
SOUTHERN Slovakia experi- the tremor occurred at 18:41
a little less cosy
enced a minor earthquake on and reached a magnitude of Under the new rules, a
the evening of January 29. 4.2 on the Richter scale. BY MICHAELA five-member commission will
The epicentre was in Hun- “I felt the whole living TERENZANI make each selection. The
gary, only 33 kilometres room moving,” Mária Spectator staff commission will be appointed
south-east of Komárno, a Hrkľová from Komárno told by the president of the court
town on the Slovak-Hun- the SITA newswire. People in question, and drawn from a
garian border. also felt the quake in other JUDICIAL clerks working in database of people nominated
Residents from Dunajská towns and villages in south- Slovakia’s courts can no by parliament (one member
Streda and Trnava said fur- ern Slovakia including Nové longer expect guaranteed and on each commission), the na-
niture moved and walls Zámky and Levice. largely silent promotion to tional Judicial Council (one
shook. No injuries or property positions as judges, and sit- member), the justice minister
According to the US web- damage were reported due to ting judges will have to get (two members) and the judi-
site, earthquake.usgs.gov, the earthquake. used to much more personal cial council of the respective
information about them be- court (one member).
ing made public, after parlia- Candidates for judicial
Slovaks leave strife-torn Egypt ment passed a law on judges positions will be required to
which the government is provide a list of any judges,
SLOVAK travel agency “Most of them are in presenting as a breakthrough court employees, or employ-
Kartágo Tours, which spe- Cairo and according to the reform in its drive to restore ees of the Justice Ministry
cialises in holiday trips to Slovak representation in public trust in the judiciary. and all its related organisa-
Egypt, cancelled two Cairo some 30 citizens were The opposition, however, is tions to whom they are re-
planned excursions and will interested in assistance to complaining that the changes lated or with whom they
relocate all Slovak tourists leave the country,” Ľuboš are unconstitutional. have a close relationship. A
from Egypt by February 5, Schwarzbacher, the On February 1 parliament similar declaration will also
the SITA newswire reported. ministry’s spokesperson, overrode a presidential veto of Lucia Žitňanská and Štefan Harabin. Photo: TASR be required on a yearly basis
The move came following told SITA, adding that the the amended law on judges, from sitting judges.
days of increasingly violent ministry had no information which was authored by which could help to reform ility of judges for rulings, ac- All documentation about
civil unrest centred on the that any Slovak citizen had Justice Minister Lucia the judiciary, open it up to cording to Wilfling “as they candidates, including their
the capital, Cairo. been injured in the anti-gov- Žitňanská. The amendment public control and increase its will no longer be able to ‘hide’ CVs and their ties to mem-
On February 1, Kartágo ernment demonstrations. aims, according to Žitňanská, trustworthiness,” Peter Wil- behind the statement that bers of the selection commis-
Tours reported having 60 to The Slovak government to help open up the judiciary fling, a lawyer who cooperates they were overridden by other sion, will be made publicly
70 Slovak tourists in Egypt. agreed on February 2 to send to public scrutiny and public with the legal NGO Via Iuris, senate members”. available.
The Slovak Foreign Ministry a government plane to Egypt control. It institutes the pub- told The Slovak Spectator. One
reported that it counted to bring Slovaks home. The lication of all court rulings on of the changes he highlighted Judge selection goes public Minister loses competencies
about 100 tourists altogether plane flew 45 passengers to the internet, cancels discre- is the automatic publication
in Egypt in early February, Slovakia on February 3 from tionary bonuses for judges of court rulings, a practice As of May 2011, judges “The reform of the judi-
plus approximately 100 Slov- Cairo and Hurghada: 36 Slov- currently awarded by court that Slovak courts still resist. will be appointed to fill va- ciary is one of the most im-
ak citizens living in the aks, seven Czechs, one Pole presidents, requires more de- Another change, giving cancies in all courts only via a portant reform steps of the
country. and one Hungarian. tailed asset declarations by judges the opportunity to pub- public selection process, as Slovak government,” said
judges, and introduces public lish a dissenting opinion in opposed to the current prac- Prime Minister Iveta
selection procedures for cases where they are out- tice of judicial clerks being Radičová after parliament re-
Compulsory English gets go ahead judges and court presidents. numbered by other members promoted to become judges approved the amendment.
“The amendment con- of the court senate, will in- at district courts without any
COMPULSORY study of the not counting the EU member tains several positive changes crease the personal responsib- selection procedure. See COURTS pg 5
English language will re- states which use English as
main in the amendment to an official language, English
the School Act as Slovakia’s
parliament decided on Feb-
ruary 1 to reject an objection
courses are compulsory in
more than half of EU coun-
tries.
VOTE: Parliamentary rules may change
raised by President Ivan Ján Mikolaj, Jurzyca’s Continued from pg 1 secret ballot to vote with the opposition the fall of communism in 1989 with the
Gašparovič. predecessor as education Smer party to reselect Trnka. Trnka help of votes from the Christian Demo-
Gašparovič stated that minister and an MP from the “Tell me something that Prime Min- missed winning by just one vote, and the cratic Movement (KDH) and the Hun-
the amendment gives pref- Slovak National Party (SNS), ister Radičová has done for this nation six coalition MPs’ disloyalty opened the garian Coalition Party (SMK). The SMK
erence to English at the ex- said that no other classes in apart from making herself visible at a door to rampant speculation about plots lost all its seats in parliament in the
pense of other languages and the current national cur- certain time when as a deputy she hero- to unseat the prime minister. June 2010 general election, but in 2003 it
noted that a number of for- riculum are compulsory un- ically left parliament because of voting On December 7 the ruling coalition was led by Béla Bugár, who is now the
eign ambassadors to Slovakia der the law. He stated that on behalf of someone else,” Trnka told TV parties deliberately executed another chairman of coalition party Most-Híd.
expressed disagreement the amendment smacks of Markíza, in mocking reference to failed vote in order to gain time to Trnka was one of three candidates
with the amendment, the politics and populism and Radičová’s decision to resign as an op- change the voting rules to make the se- nominated for the post in 2003, and in
TASR newswire wrote. added that Slovak schools are position deputy in 2009 after inadvert- lection process public and recorded. the moments leading up to the vote it
Education Minister Eu- not ready to provide high- ently voting on behalf of a fellow MP, in Until the new prosecutor is selected was uncertain whether any of them
gen Jurzyca responded that quality English studies. contravention of parliamentary rules. Ladislav Tichý, Trnka’s deputy, will lead would muster sufficient support in par-
Trnka said that he would run for the the Office of the General Prosecutor. liament. But shortly before the vote,
post again because unlike his critics he Shortly before ending his term Trnka Jirko Malchárek, an MP for the now-de-
MPs okay amended Language Act has things to offer. Using a somewhat sacked the regional prosecutor in Prešov, funct New Citizens’ Alliance (ANO),
opaque turn of phrase, as his custom, Ján Tyrpák, with the Sme daily reporting withdrew his candidate, Vojtech Ernest,
PARLIAMENT overrode Pres- the voting and 65 MPs voted Trnka said that he had been living in this that the Prosecutors’ Council had not thus boosting the chances of Trnka, who
ident Ivan Gašparovič’s veto against the amendment. environment all his life while others discussed the change. was seen as the stronger of the two re-
and again passed an amend- The amendment reduces have switched from being sociologists to The ruling coalition is meanwhile maining candidates.
ment to the State Language the fines to between €50 and politicians and then to philosophers and working on changes to the authorities In a secret ballot, which had to be
Act on February 2. The €2,500 and states that the somewhere else – another apparent ref- of the general prosecutor with one repeated due to technical confusion dur-
amendment drafted by the Culture Ministry will not be erence to the prime minister, and other proposed change being that the occu- ing the first vote, Trnka received 84
Culture Ministry received 78 required to issue fines for vi- coalition politicians with academic pant can serve for only one 7-year term. votes, beating his rival, chief special
votes from MPs of the ruling olations. Fines can be levied backgrounds. This, however, has led to speculation prosecutor Ján Bernát, who received 58
coalition and will reduce by the ministry only for viol- Parliament tried and failed four about whether the change would affect votes.
sanctions for violations of ations that involve commu- times last year to select a general pro- Trnka and prevent him from being re- Trnka, a native of the western Slovak
the law as well as liberalise nications related to public secutor and the vote turned into one of appointed. town of Skalica, finished his legal studies
some other provisions that administration or violations the ruling coalition’s toughest trials. Radičová says Trnka will be free to in the late 1980s and was soon after-
had been adopted during the that pose a danger to health, Radičová expressed strong opposition to apply for the post even if the new pro- wards involved in the investigation of
term of the previous gov- life, security or property of Trnka’s eventual reselection and said she posal drafted by the coalition is passed. several events surrounding the fall of
ernment. citizens. would resign if it were to happen. “He was not elected under the new law communism in the former Czechoslov-
Parliament did not sup- The amendment to the Tensions climaxed after the ruling we want to pass, and it won’t be akia in November 1989.
port the president’s proposal State Language Act takes ef- coalition failed in early December to retroactive,” Radičová said, as quoted by Before his selection, Trnka served as
to require sanctions for viola- fect on March 1. have its candidate Jozef Čentéš selected the TASR newswire. chief military prosecutor and was there-
tions of the law. One member Compiled by Spectator staff as general prosecutor after at least six Seven years ago Trnka became the fore assumed not to have close ties to
of parliament abstained in from press reports anonymous coalition deputies used the country’s fifth general prosecutor since any political parties.
NEWS February 7 – 13, 2011 3
BUSINESS FOCUS
NORWAY
Next issue:
INVESTMENT GROUPS
DENMARK
Danes living a green life Denmark: General facts
BUSINESS FOCUS
FINLAND
Innovation as way of life Finland: General facts
PROFIT: Reserves for bad loans are cut Min. education: University education (Bachelor‘s degree)
Languages: English - advanced
Continued from pg 1 “With regards to the decrease in costs Group Internal Network Designer
Orange Slovensko, a.s. (Telecommunications), Bratislava
of risk, the positive trend reported over Min. education: University education (Bachelor‘s degree)
The banking sector increased its the first nine months of 2010 should also Languages: English - advanced
2010 taxed profit levels by 105 percent, be mirrored in the full-year results,” said
or by €263.7 million compared with Štefan Máj, the deputy chairman of Engineer for Technical Solution Center
2009 and profits even exceeded the SLSP’s board of directors, as cited by the ON Semiconductor Slovakia, a.s. (Electrical Engineering), Piešťany
Min. education: University education (Bachelor‘s degree)
level of €508.6 million reached in 2008. SITA newswire. Languages: English - advanced
However, the sector’s profits still Slovenská Sporiteľňa’s consolidated
lagged behind those recorded for 2006 taxed profit for the first nine months of Java developer
and 2007, at €590 million and €575.2 2010 was €95 million, an increase of 138 SORS Technology s.r.o. (Information Technology), Košice
million respectively, the NBS reported. percent from the same period in 2009. Min. education: University education (Bachelor‘s degree)
Languages: English - advanced
Laznia cited improvement in eco- Another major bank operating in
nomic conditions in 2010 as being re- Slovakia, VÚB, a member of the Intesa Business Development Manager
sponsible for the first increase in Sanpaolo international banking group, is DHL Logistics Slovakia spol.s.r.o. (Transport, logistics), Bratislava
banks’ profitability over the past four also optimistic about 2010, expecting its Min. education: University education (Bachelor‘s degree)
years, pointing specifically to two im- taxed profit to reach around €150 mil- Languages: English - advanced
portant factors: an increase in new lion. But this would represent only a
loans, particularly among households, Slovak banks did well in 2010. Photo: Sme moderate increase of 3 percent compared Solution Designer for cloud computing
T-Systems Slovakia s.r.o. (Information Technology), Košice
and fewer failed or failing loans. with 2009, the SITA newswire wrote in Min. education: University education (Bachelor‘s degree)
Laznia said the volume of new Net fees and commission income, early January. Languages: English - advanced or German - intermediate
housing loans grew by almost 43 per- which increased by 1.5 percent, or €46 Róbert Kubinský, the director of
cent in 2010, exceeding the volume of million, in 2010 to a level of €450 million, VÚB’s department for planning and con- Embedded Hardware Design Engineer
housing loans in the pre-crisis year of as well as a 3-percent reduction in operat- trolling told SITA it was possible to detect ADIXEIN LIMITED (Electrical Engineering), Trenčín region
2008, and that similar-volume in- ing costs also contributed to the banks’ a certain revival in the Slovak economy in Min. education: University education (Bachelor‘s degree)
Languages: English - advanced or Slovak - expert (interpreting)
creases were registered for other con- better profitability. 2010 that was reflected in a notable in-
sumer loans which also surpassed the The NBS reported that its prelimin- crease in deposits as well as loans. Legal Expert - Contracts
levels of 2008. The volume of new cor- ary figures showed that net interest in- “Interest income and fees paid to the ZUNO BANK AG (Banking, finance), Bratislava
porate loans also increased in 2010, by come in 2010 reached €1.68 billion, up 7.5 bank increased hand-in-hand,” Kubinský Min. education: University education (Bachelor‘s degree)
almost 20 percent. percent, or €117 million, from the previ- said. “Since we simultaneously managed Languages: English - advanced
The second factor that positively af- ous year due to the growth in the volume to decrease operating costs as well as the
fected the 2010 results was a reduction of loans. costs of risk compared with 2009, growth
in the number of failed or failing loans Slovakia’s largest bank, Slovenská in profit is only a logical outcome of this.”
which was reflected in banks lowering Sporiteľňa (SLSP), a member of the Erste Kubinský added that the world Any interesting job offers
their reserves for bad or non-perform- Group, registered growth last year and it economic crisis highlighted even more listed above? Find out
ing loans, Laznia said. NBS reported has estimated that its better revenues the necessity for banks to do business more at www.profesia.sk
banks’ reserves for bad loans decreased and lower costs will be reflected in in an effective, responsible and trans-
by 19.7 percent, or €93 million, in 2010. double-digit growth in operating profit. parent way. SP90256/7
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A Slovak’s name day (meniny) is as important as his or her birthday. It is traditional to present friends or co-workers with a small gift,
In cooperation with the Slovak Hydrometeorological Institute such as chocolates or flowers, and to wish them Všetko najlepšie k meninám (Happy name day)