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COMMENTARY: What is the price for our government’s inflexibility

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COMMENTARY: What is the price for our government’s inflexibility

When, 18 years ago, Robert Fico magnanimously talked about the fact that he would calmly sacrifice the adoption of the euro in order to fulfill his big-mouthed campaign promises, the koruna fell by a percentage within days.

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After consultation with the NBS, he moderated his rhetoric. Former Minister of Finance Eduard Heger also experienced the power of words, when he caused investors to suddenly lose interest in financing the Slovak debt by talking about an empty pantry.

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