Slovakia's Budget Deficit Worsens by €260 Million Under Fico Government
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Slovakia's state budget performed €260 million worse by the end of May compared to the same period in 2024, according to official figures. The deteriorating fiscal position comes under the leadership of Prime Minister Robert Fico, whose government has been grappling with mounting budgetary pressures. Fico heads a coalition government of Smer-SD, his social-democratic party, along with the nationalist SNS and centrist Hlas parties, which took power following elections in 2023. The worsening budget performance highlights the fiscal challenges facing Slovakia as the government attempts to balance public spending commitments with economic pressures.