Free Trial

PM To Begin Talks On Early Election, Says Autumn Most Realistic Date

SLOVAKIA

Slovakia's interim Prime Minister Eduard Heger has stated that he will initiate discussions with political leaders on seeking to hold a snap general election following failed attempts to put together a parliamentary majority following a no confidence vote in December.

  • In a statement Heger said that "With today, I consider all attempts to establish a new 76 [majority in the 150-member National Council] to be closed...At the moment, an autumn date [for a snap election] looks the most realistic."
  • Under the Slovakian constitution, 60% of lawmakers are required to back the call for a snap election for parliament to be dissolved and the vote take place. Given the fractious nature of Slovakian politics this threshold of 90 members should be met.
  • Opinion polling shows the centre-left Voice-Social Democracy (HLAS-SD) of former PM Peter Pellegrini leading, with the populist left-wing Direction-Slovak Social Democracy (Smer-SD) led by controversial former PM Robert Fico in second place.
  • It is unclear whether Pellegrini would link up with his former mentor Fico in a new coalition, given the swing towards populism from Smer-SD. A moderate coalition with the centrist PS-SPOLU could prove more cohesive after the election. It would also avoid the attention bringing the pro-Russian Fico into gov't would place on a new Slovakian gov't.

To read the full story

Close

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.