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Slovak Lawmakers Approve EU1.2b Financial Aid for Families

May 24, 2022, 7:36 PM

The Slovak parliament approves a package of measures worth 1.2 billion euros to help families cope with high inflation.

  • Every working family should receive 200 euros per child per month from the state, an increase from about 70 euros now
  • The anti-inflation package consists of increasing child allowance, a higher tax bonus and new vouchers for children’s activities
  • The proposal has triggered tensions within the four-party ruling coalition as one member, the fiscally-conservative Freedom and Solidarity party, opposes the measures as too expensive and not anti-inflationary
  • The bill has to be signed by President Zuzana Caputova to come into force ...