Fiscal And Political Outlooks Reaffirmed On PM's Lecture

Our views for Slovakia's fiscal and political position remain firmly in play after having attended a lecture given by Prime Minister Iveta Radicova on May 10. We continue to expect the centre-right coalition will be able to reduce the fiscal deficit from 7.8% of GDP in 2010 to 5.4% in 2011. We also hold to our view that despite escalating ructions within the administration, that the coalition will maintain its cohesion this year.

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