Slovakia approves 33 mln euro car sales subsidy

Newswire

BRATISLAVA, Feb 27 (Reuters) - The Slovak government will spend 33 million euros to subsidise sales of new cars as part its effort to ease the pain of economic crisis by boosting domestic demand, Prime Minister Robert Fico said on Friday. Under the programme, Slovaks and local businesses who dispose of cars older than 10 years will get a subsidy of 1,000-1,500 euros to buy a new small or medium-size car. The exact amount of the individual scrapping subsidy has yet to be approved by the ...

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