Slovakia Enters An Election Year

With the minority reformist government having survived the greatest coalition crisis yet, defeated opposition attempts to bring it down, and secured parliamentary approval of its 2006 budget package, political risk in Slovakia has shifted away from the threat of early elections. Risk remains firmly on the horizon, however, in relation to the likely outcome of the next regular parliamentary election due by September, and, notably, the possibility that the populist opposition Smer party could enter the future government. As the recent election in neighbouring Poland has demonstrated, membership of the EU and the attendant obligation to progress towards Economic and

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