President Calls for Stronger State Role in Energy Sector

President Calls for Stronger State Role in Energy Sector

Slovak President Peter Pellegrini has called for greater state influence in strategic energy companies, arguing that profits generated by high energy prices should benefit the public rather than private investors. Speaking at a ceremonial evening dedicated to Slovak industry on Monday, he said the government should pursue all available legal measures to strengthen its position in the energy sector.

Pellegrini identified affordable energy as one of the most important conditions for industrial development. Although Slovakia has a stable supply of nuclear-generated electricity, he noted that this does not automatically translate into lower prices for businesses. He therefore welcomed efforts by Visegrad Group leaders to address energy costs at the European Union level.

The President also highlighted the importance of a qualified workforce, praising ongoing education reforms and expressing hope that young Slovaks who gain experience abroad will eventually return to work in domestic companies.

Pellegrini also stressed the need for a long-term national development strategy extending beyond individual electoral terms. He criticised the lack of political consensus surrounding the Vision 2040 document and called for greater cooperation and communication to help Slovakia overcome its economic challenges.

Source: TASR

Patrícia Polakovičová, Photo: TASR

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