President Andrej Kiska signed an amendment to the Commercial Code. This should make it possible for non-secured creditors of the construction company Vahostav to gain a total of 49 percent of Vahostav's non-burdened shares. "As president I won't present an obstacle to the agreement between the prime minister with Vahostav and banks that was promised to small creditors, who've accepted it," said Kiska. Nevertheless, he believes that the bill contains quite a few unclear and risky measures. The president expects that the Government will turn to the European Commission to decide whether the Vahostav plan is in line with EU law concerning state aid.
Martina Šimkovičová, Photo: TASR
