Rising Electricity Costs Drive Factories from Slovakia as Ruling Party Criticizes EU Green Deal

High electricity prices are forcing manufacturing companies to relocate operations outside Slovakia, prompting the ruling Smer-SD party to call for modifications to the European Union's Green Deal policy. The social-democratic party, which leads Slovakia's government coalition, rejected criticism from the opposition SaS (Freedom and Solidarity) party about the country's deteriorating business environment and corporate exodus. Smer-SD instead blamed the opposition for what it described as financial disruption and economic chaos in the country. The dispute highlights growing tensions over energy costs and their impact on Slovakia's industrial competitiveness, as businesses face pressure from EU environmental policies that have contributed to higher energy prices across member states.