\n\t\t![\"Tikaj\u00faca](\"https:\/\/www.europesays.com\/sk\/wp-content\/uploads\/2026\/06\/1782218468_419_Tikajuca-bomba-slovenskych-financii-.jpg\" "\\"Tikaj\u00faca")
\t\t\t<\/p>\n\n\t\t\t\tZobrazi\u0165 gal\u00e9riu (4)\t\t\t<\/p>\n
\t<\/a><\/p>\n
\t\u00a0(Zdroj: rrz.sk)<\/p>\n
Spolieha\u0165 sa len na ekonomick\u00fd rast u\u017e pod\u013ea RRZ nesta\u010d\u00ed<\/p>\n
Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165 v z\u00e1vere svojej spr\u00e1vy upozor\u0148uje, \u017ee s\u00fa\u010dasn\u00e9 nastavenie kormidla slovenskej ekonomiky nie je bezpe\u010dn\u00e9. Pas\u00edvne o\u010dak\u00e1vanie, \u017ee sa krajina z dlhov dostane v\u010faka priazniv\u00e9mu hospod\u00e1rskemu cyklu a ekonomick\u00e9mu rastu, situ\u00e1ciu pod\u013ea analytikov nevyrie\u0161i.<\/p>\n
Ak chce \u0161t\u00e1t pred\u00eds\u0165 scen\u00e1ru, v ktorom u\u017e finan\u010dn\u00e9mu kolapsu nebude mo\u017en\u00e9 zabr\u00e1ni\u0165, mus\u00ed pod\u013ea odpor\u00fa\u010dan\u00ed RRZ stabilizova\u0165 rast verejn\u00e9ho dlhu a pr\u00edsne zos\u00faladi\u0165 bud\u00face v\u00fddavky s re\u00e1lnymi mo\u017enos\u0165ami ekonomiky. V s\u00fa\u010dasnosti riziko bankrotu mierne tlmia len dostato\u010dn\u00e9 likvidn\u00e9 finan\u010dn\u00e9 akt\u00edva \u0161t\u00e1tu a produktivita, no ich vplyv sa s narastaj\u00facim dlhom postupne oslabuje.<\/p>\n
\u010co v\u0161etko n\u00e1m hroz\u00ed pri \u0161t\u00e1tnom bankrote?<\/p>\n
Pod pojmom default alebo \u0161t\u00e1tny bankrot si netreba predstavi\u0165 len okam\u017eit\u00e9 zavretie \u00faradov. Rozpo\u010dtov\u00e1 rada pripom\u00edna \u0161tyri z\u00e1kladn\u00e9 formy, ako tak\u00fdto stav v praxi vyzer\u00e1:<\/p>\n
\n\tOdklad spl\u00e1tok a pred\u013a\u017eenie splatnosti: Zn\u00ed\u017ei to okam\u017eit\u00fd tlak na vl\u00e1dnu pokladnicu, no pre trhy je to jasn\u00fd sign\u00e1l finan\u010dnej tiesne, \u010do okam\u017eite zraz\u00ed rating krajiny.
\n\tZn\u00ed\u017eenie hodnoty dlhopisov: Veritelia dostan\u00fa sp\u00e4\u0165 cenn\u00e9 papiere s ni\u017e\u0161ou \u010distou s\u00fa\u010dasnou hodnotou.
\n\tNomin\u00e1lny odpis istiny: Najtvrd\u0161ia forma bankrotu, ak\u00fa za\u017eilo napr\u00edklad Gr\u00e9cko v roku 2012, kedy s\u00fakromn\u00ed investori museli odp\u00edsa\u0165 viac ako polovicu hodnoty svojich poh\u013ead\u00e1vok.
\n\tVstup do z\u00e1chrann\u00e9ho mechanizmu (euroval, MMF): Krajina s\u00edce form\u00e1lne dlhy spl\u00e1ca, no \u00faplne str\u00e1ca pr\u00edstup na finan\u010dn\u00e9 trhy a kontrolu nad vlastnou politikou. Riadenie \u0161t\u00e1tu a drastick\u00e9 \u0161krty v rozpo\u010dte potom diktuj\u00fa extern\u00ed veritelia, \u010do v rokoch 2010 a\u017e 2013 za\u017eili \u00cdrsko, Portugalsko \u010di Cyprus.
<\/p>\n","protected":false},"excerpt":{"rendered":"BRATISLAVA – Slovensk\u00e1 republika \u010del\u00ed pod\u013ea najnov\u0161\u00edch ekonomick\u00fdch d\u00e1t v\u00fdrazn\u00e9mu n\u00e1rastu dlhodobej finan\u010dnej zranite\u013enosti. Najnov\u0161ia v\u00fdskumn\u00e1 \u0161t\u00fadia Rady…\n","protected":false},"author":2,"featured_media":105653,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[32],"tags":[3788,5746,9615,34,37,33,5573,23695,43,40,39,42,41,36,38,35],"class_list":["post-105652","post","type-post","status-publish","format-standard","has-post-thumbnail","category-spravy","tag-analyza","tag-bankrot","tag-dlh","tag-headlines","tag-hlavne-spravy","tag-news","tag-rada-pre-rozpoctovu-zodpovednost","tag-rrz","tag-sk","tag-slovak","tag-slovakia","tag-slovencina","tag-slovensko","tag-spravy","tag-titulky","tag-top-stories"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/posts\/105652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/comments?post=105652"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/posts\/105652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/media\/105653"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/media?parent=105652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/categories?post=105652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/tags?post=105652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Tikaj\u00faca](\"https:\/\/www.europesays.com\/sk\/wp-content\/uploads\/2026\/06\/Tikajuca-bomba-slovenskych-financii-.jpg\" "\\"Tikaj\u00faca")
\t\t\t<\/p>\n![\"Tikaj\u00faca](\"https:\/\/www.europesays.com\/sk\/wp-content\/uploads\/2026\/06\/1782218467_929_Tikajuca-bomba-slovenskych-financii-.jpg\" "\\"Tikaj\u00faca")
\t\t\t<\/p>\n