Fico Wants to Revive Slovalco with a Memorandum. His Promises Are Only General and Restart Is Still Uncertain
The Slovak government, led by Prime Minister Robert Fico, aims to revive the Slovalco aluminum factory, but promises made lack specificity and clarity.
Fico wants to revive the Slovalco aluminum plant, promising to subsidize its electricity, which is cheaper than when the factory was inactive
Robert Fico plans to subsidize electricity prices for the Slovalco aluminum plant for the next 10 years to encourage its revival, despite market electricity prices having decreased significantly since the plant's shutdown.