![](\"https:\/\/www.europesays.com\/sk\/wp-content\/uploads\/2026\/08\/20250430RRZ_TK_3126468-1-1280x960.jpg\"\/)
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\t\t\t\t\tPredseda Rady pre rozpo\u010dtov\u00fa zodpovednos\u0165 J\u00e1n T\u00f3th. Foto: TASR<\/p>\n
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Slovensko pod\u013ea Rady pre rozpo\u010dtov\u00fa zodpovednos\u0165 (RRZ) prakticky vy\u010derpalo svoj fi\u0161k\u00e1lny priestor a pri \u010fal\u0161ej ve\u013ekej kr\u00edze m\u00f4\u017ee ma\u0165 v\u00fdrazne men\u0161ie mo\u017enosti pom\u00f4c\u0165 ekonomike aj \u013eu\u010fom. Verejn\u00fd dlh u\u017e presahuje 60 % HDP a bez \u010fal\u0161\u00edch opatren\u00ed m\u00f4\u017ee do konca desa\u0165ro\u010dia vzr\u00e1s\u0165 a\u017e k 75 %. E\u0161te hor\u0161\u00ed scen\u00e1r by priniesla hlb\u0161ia recesia.<\/p>\n
Ve\u013ek\u00e9 ne\u010dakan\u00e9 kr\u00edzy, ako boli glob\u00e1lna finan\u010dn\u00e1 kr\u00edza, pand\u00e9mia COVID-19, rusk\u00e1 inv\u00e1zia na Ukrajinu maj\u00fa v\u00fdrazn\u00fd negat\u00edvny vplyv na ekonomiku a \u017eivotn\u00fa \u00farove\u0148 \u013eud\u00ed. Ako dod\u00e1va RRZ<\/a>, \u0161t\u00e1t sa ho sna\u017e\u00ed mierni\u0165, pri\u010dom v\u00fdsledkom je prirodzen\u00fd n\u00e1rast verejn\u00e9ho dlhu. Tak\u00e1to reakcia je v\u0161ak dlhodobo udr\u017eate\u013en\u00e1 len ak sa krajina trvalo sna\u017e\u00ed po kr\u00edzach obnovova\u0165 dostato\u010dn\u00fd fi\u0161k\u00e1lny priestor.<\/p>\n Mohlo by v\u00e1s zauj\u00edma\u0165:<\/p>\n Reklama<\/p>\n div { #onnetwork-banner > div:first-child { ]]><\/p>\n Rozpo\u010dtov\u00e1 rada<\/a> upozor\u0148uje, \u017ee kr\u00edzy nevieme presne predv\u00edda\u0165 \u2013 ani ich podobu, ani na\u010dasovanie. Vieme v\u0161ak pod\u013ea RRZ, \u017ee v\u00fdznamn\u00e9 \u0161oky sa opakuj\u00fa a m\u00f4\u017eu sa navz\u00e1jom zosil\u0148ova\u0165. Rada preto prich\u00e1dza s novou spr\u00e1vou Fi\u0161k\u00e1lny priestor Slovenska, ktor\u00e1 hodnot\u00ed mo\u017en\u00e9 rizik\u00e1 aj kapacitu verejn\u00fdch financi\u00ed na ich bud\u00face zvl\u00e1dnutie.<\/p>\n Spr\u00e1va kon\u0161tatuje, \u017ee fi\u0161k\u00e1lny priestor Slovenska je dnes, na rozdiel od minul\u00fdch kr\u00edz, prakticky vy\u010derpan\u00fd. Verejn\u00fd dlh presahuje 60 % HDP<\/a>, hoci bezpe\u010dn\u00e1 \u00farove\u0148 je pod\u013ea odhadov RRZ pod hranicou 50 %. Bez \u010fal\u0161\u00edch opatren\u00ed aktu\u00e1lne dlh smeruje k 75 % HDP do konca tohto desa\u0165ro\u010dia.<\/p>\n \u201eDne\u0161n\u00fd stav pritom nie je d\u00f4sledkom iba ve\u013ek\u00fdch kr\u00edz. K strate fi\u0161k\u00e1lneho priestoru prispelo najm\u00e4 to, \u017ee Slovensko v priazniv\u00fdch obdobiach po odznen\u00ed \u0161okov nedostato\u010dne vyu\u017eilo dobr\u00e9 ekonomick\u00e9 podmienky na zni\u017eovanie dlhu,\u201c upozor\u0148uje RRZ.<\/p>\n \tOb\u00e1vate sa, \u017ee rast\u00faci verejn\u00fd dlh Slovenska poc\u00edtia \u013eudia na svojej \u017eivotnej \u00farovni?<\/p>\n Vy\u010derpan\u00fd fi\u0161k\u00e1lny priestor neznamen\u00e1, \u017ee Slovensku bezprostredne hroz\u00ed bankrot<\/a>. Pri \u010fal\u0161ej kr\u00edze v\u0161ak bude krajina \u010deli\u0165 fi\u0161k\u00e1lnemu stresu: vy\u0161\u0161\u00edm \u00farokom z dlhu, nutnosti prija\u0165 r\u00fdchle a z\u00e1sadn\u00e9 konsolida\u010dn\u00e9 opatrenia v \u0165a\u017ek\u00fdch kr\u00edzov\u00fdch \u010dasoch, a teda nemo\u017enosti dostato\u010dne stabilizova\u0165 ekonomiku. V krajnom pr\u00edpade m\u00f4\u017ee krajina strati\u0165 schopnos\u0165 financova\u0165 svoje potreby za prijate\u013en\u00fdch podmienok a bude odk\u00e1zan\u00e1 na extern\u00fa pomoc.<\/p>\n \u201eZnamenalo by to nielen form\u00e1lny bankrot, ale predov\u0161etk\u00fdm v\u00fdrazn\u00fd z\u00e1sah do \u017eivotnej \u00farovne obyvate\u013estva a de facto by do\u0161lo k strate fi\u0161k\u00e1lnej suverenity Slovenska,\u201c dod\u00e1va RRZ.<\/p>\n Aktu\u00e1lny dlh nad 60 % HDP m\u00f4\u017ee p\u00f4sobi\u0165 ako relat\u00edvne n\u00edzky v porovnan\u00ed s krajinami s ove\u013ea vy\u0161\u0161\u00edm zadl\u017een\u00edm. Slovensko v\u0161ak \u010del\u00ed nepriaznivej kombin\u00e1cii: dlh dynamicky rastie aj bez \u010fal\u0161ej kr\u00edzy, rastov\u00fd potenci\u00e1l ekonomiky slabne a starnutie obyvate\u013estva<\/a> bude zvy\u0161ova\u0165 v\u00fddavky na d\u00f4chodky, zdravotn\u00edctvo a dlhodob\u00fa starostlivos\u0165. Tieto faktory zni\u017euj\u00fa schopnos\u0165 Slovenska stabilizova\u0165 dlh, a preto je bezpe\u010dn\u00fa \u00farove\u0148 dlhu u n\u00e1s v\u00fdrazne ni\u017e\u0161ia.<\/p>\n Riz\u00edk je viac ako dos\u0165<\/p>\n Spr\u00e1va posudzuje ve\u013ek\u00e9 syst\u00e9mov\u00e9 \u0161oky popri dlhodob\u00fdch \u0161truktur\u00e1lnych tlakoch a rizik\u00e1ch, ako s\u00fa strata konkurencieschopnosti, klimatick\u00e1 zmena, investi\u010dn\u00fd dlh, ot\u00e1zniky nad bud\u00facnos\u0165ou automobilov\u00e9ho priemyslu v Eur\u00f3pe \u010di postupn\u00e9 zni\u017eovanie pr\u00edlevu eurofondov. Tieto rizik\u00e1 m\u00f4\u017eu prich\u00e1dza\u0165 s\u00fa\u010dasne a navz\u00e1jom zosil\u0148ova\u0165 svoje \u00fa\u010dinky. Napr\u00edklad jedna hlb\u0161ia recesia v tomto \u010dase by mohla zv\u00fd\u0161i\u0165 verejn\u00fd dlh o viac ako 10 % HDP a posun\u00fa\u0165 ho v\u00fdrazne nad 80 % HDP.<\/p>\n Preto m\u00e1 pod\u013ea rozpo\u010dtovej rady zmysel kona\u0165 \u010do najsk\u00f4r. Slovensko zatia\u013e nie je v situ\u00e1cii, aby muselo prij\u00edma\u0165 rozhodnutia pod dikt\u00e1tom kr\u00edzy. Ak v\u0161ak bude dlh \u010falej r\u00e1s\u0165, priestor na vlastn\u00e9 rozhodovanie sa bude zu\u017eova\u0165. Z\u00e1rove\u0148 sa Slovensko nem\u00f4\u017ee spolieha\u0165 na to, \u017ee z dlhu jednoducho vyrastie. Stabiliz\u00e1cia dlhu si vy\u017eaduje d\u00f4veryhodn\u00e9, dlhodob\u00e9 a konkr\u00e9tne rozpo\u010dtov\u00e9 opatrenia na zn\u00ed\u017eenie deficitu pod hranicu 2,5 % HDP.<\/p>\n \u201eK\u013e\u00fa\u010dovou \u00falohou by preto malo by\u0165 zastavenie rastu dlhu a obnovenie d\u00f4very, \u017ee Slovensko m\u00e1 svoje verejn\u00e9 financie pod kontrolou. N\u00e1sledne treba postupne vytv\u00e1ra\u0165 fi\u0161k\u00e1lny priestor na zvl\u00e1danie mo\u017en\u00fdch bud\u00facich riz\u00edk,\u201c hovor\u00ed predseda RRZ J\u00e1n T\u00f3th.<\/p>\n Viac o t\u00e9me: HDP<\/a>, J\u00e1n T\u00f3th<\/a>, Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165 RRZ<\/a>, slovensk\u00e1 ekonomika<\/a>, starnutie popul\u00e1cie<\/a>, \u0161t\u00e1tny dlh<\/a>, \u0161t\u00e1tny rozpo\u010det<\/a>, verejn\u00e9 financie<\/a>, verejn\u00fd dlh<\/a><\/p>\n \t\tKoment\u00e1re k \u010dl\u00e1nku<\/p>\n \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t Pepan7<\/p>\n \n\t\t\t\t\t\t\t\t\tPred 20 min\u00fatami\t\t\t\t\t\t\t\t<\/p>\n Stat pride na bubon – admin – ihned to zmaz ! Aby ludia nemali paniku – aj tak- to poniektor vieme\u2026<\/p>\n \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t 19_396993<\/p>\n \n\t\t\t\t\t\t\t\t\tPred 27 min\u00fatami\t\t\t\t\t\t\t\t<\/p>\n Autor zabudol, \u017ee u\u017e teraz sme na za\u010diatku kr\u00edzy (ca 20 ro\u010dn\u00fd interval, ktor\u00fd m\u00f4\u017ee sa zni\u017eova\u0165 v z\u00e1vislosti od hospod\u00e1rskych opatren\u00ed E\u00da).<\/p>\n","protected":false},"excerpt":{"rendered":"Predseda Rady pre rozpo\u010dtov\u00fa zodpovednos\u0165 J\u00e1n T\u00f3th. Foto: TASR Slovensko pod\u013ea Rady pre rozpo\u010dtov\u00fa zodpovednos\u0165 (RRZ) prakticky vy\u010derpalo…\n","protected":false},"author":2,"featured_media":153754,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[6],"tags":[19070,18808,16862,43,40,44,39,42,1441,45,41,14249,11519,1666,1503,21591],"class_list":["post-153753","post","type-post","status-publish","format-standard","has-post-thumbnail","category-slovensko","tag-hdp","tag-jan-toth","tag-rada-pre-rozpoctovu-zodpovednost-rrz","tag-sk","tag-slovak","tag-slovak-republic","tag-slovakia","tag-slovencina","tag-slovenska-ekonomika","tag-slovenska-republika","tag-slovensko","tag-starnutie-populacie","tag-statny-dlh","tag-statny-rozpocet","tag-verejne-financie","tag-verejny-dlh"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@sk\/117111144626169454","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/posts\/153753","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=153753"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/posts\/153753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/media\/153754"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/media?parent=153753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/categories?post=153753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/sk\/wp-json\/wp\/v2\/tags?post=153753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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Zdroj: RRZ<\/p>\n![\"\"\/](\"https:\/\/www.europesays.com\/sk\/wp-content\/uploads\/2026\/08\/1786974133_392_noavatar92.png\"){kind=avatar}
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