Slovakia: Coronacrisis Consequences for Politics and Economics

Abstract

The article provides an overview of the economic prospects and political risks that emerged in Slovakia after the first wave of Coronavirus restrictions. Despite a significant GDP decline, unemployment and a worsening socio-economic situation, pandemic consequences is not catastrophic. First of all, economic recovery is associated with significant assistance of EU, which plans to invest substantial funds in Slovakia. However, the implementation of the plan runs up against internal political obstacles – the lack of cohesion within the ruling cabinet of Igor Matovič. Due to the nature of his political power, and due to the changes that have taken place in him as a politician over the six months. The author shows several conflict lines that influence on the stability of the current government. In these circumstances, successful implementation of the modernization plan for Slovakia directly depends on the stability of the cabinet. However, the author believes that conflicts are inevitable.

Keywords

• slovakia
• coronavirus
• igor matovič
• peter pellegrini
• smer – sd
• hlas