Which is assumed to himself 505e the Administration of State Material Reserves (SŠHR) control of em

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Which is assumed to himself 505e the Administration of State Material Reserves (SŠHR) control of emergency oil stocks, thus it relieve the treasury. To give the agency was in fact for the entire operation and financing of the system financially and organizationally responsible for only State. However, Eurostat greater part of the debt agency of 465 million figure on the public debt. According to the statistical office 505e of the EU problem is that although the agency was not included in the public administration, the state has emergency stocks continuing control.
Finance Minister Peter Kazimir attitude Eurostat considers 505e unfair. "To develop a new model. Having 505e it assessed by Eurostat in terms of new methodologies and implement it. Well as the consequences of such operations reduce debt once about 0.6 percent of GDP," he said after the Cabinet meeting Kažimír.
The Cabinet on Wednesday appointed restructuring of emergency stocks of oil and petroleum products SŠHR. She has prepared a draft by the end of July this year. SŠHR yet did not want to specify how the restructuring will look like.
"It is necessary to examine and assess the possibility of restructuring the management of emergency stocks of oil and petroleum products and prepare a proposal for the restructuring of this report so as to avoid increasing public debt. Currently analyzing possible solutions, then prepare a specific proposal to be submitted to the government for approval," said last week SITA spokeswoman Marcela SŠHR Zelinková.
Emergency stocks of crude oil and petroleum products managed by the new Agency for emergency stocks of oil and petroleum products, which was established late last year. Agency founder of the Society for the storage created by the SŠHR along with Transpetrol. Other founders are private 505e companies Bennet Oil, OMV Slovakia, Progress Trading and Slovnaft. In early December last year, took over the agency 505e from SŠHR for 465 million emergency stocks of oil and petroleum products. It was a roughly 520,000 meters cubic of emergency oil stocks and some 340 thousand cubic meters of petroleum products. Agency procured, stored, handled and released emergency stocks of crude oil and petroleum products. Slovakia should maintain emergency stocks of crude oil and petroleum products at 90 days.
U.S. President Barack Obama on Tuesday urged his Russian counterpart Vladimir Putin at a meeting with the newly elected Ukrainian President Peter Poroshenko.
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