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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SLOVAKIA
Slovakian Prime Minister Eduard Heger has announced that he is leaving the centre-right Ordinary People and Independent Personalities (OL'aNO) party with the intention of uniting several conservative parties ahead of the September 30 legislative election. Bloomberg reportsthat several members of the caretaker gov't want Heger to remain in post as PM despite leaving the party led by former PM Igor Matovic, meaning there is unlikely to be any notable change in gov't policy stance in the short-term.
- Opinion polling shows the centre-left pro=EU Voice-Social Democracy (HLAS-SD) and the left-wing, Russophile, populist Direction-Slovak Social Democracy (Smer-SD) - each led by former prime ministers Peter Pellegrini and Robert Fico respectively - vying for first place.
- In the event Smer-SD wins the most seats, Fico has not ruled out forming alliances with far-right nationalist parties. In the event a coalition of this nature comes to power, it could see Slovakia adopt similar policies towards the war in Ukraine as neighbouring Hungary, setting Bratislava on a collision course with Brusses. This would come with the added risk to unity and stability given that Slovakia is a eurozone member state.
- The centrist liberal Progressive Slovakia (PS) has continued to gain momentum and now sits in third place, and could prove a willing coalition ally to Pellegrini's HLAS-SD. The various parties of the centre-right sit with support in the single digits, as voters shun those parties that have failed to agree on measures to combat rising inflation.
Chart 1. General Election Opinion Polling, % and 4-Poll Moving Average
Source: AKO, Focus, Median, Polis Slovakia, Ipsos, MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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