The coalition has two months left to agree on measures to restore public finances. By September 20, the Finance Minister, Ladislav Kamenický must present the consolidation plans to the European Commission. The government is considering reducing its spending on assistance with energy prices, which would lower state treasury spending by 800 million euros. Another measure could be a change in the tax bonus per child or potentially cancelling one national holiday, specifically the Day of Constitution which is on September 1. If it was a working day, the state treasury would improve by 87 million euros thanks to the higher collection of taxes and levies. In the case of Slovakia, the European Commission will demand that the debt sustainably falls below 60 percent of GDP over the next seven years.
RTVS
