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Slovakia faces healthcare crisis as large numbers of doctors resign

China

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China

Slovakia faces healthcare crisis as large numbers of doctors resign

2024-12-29 17:50 Last Updated At:12-30 14:37

Slovakia's healthcare system is facing a dire crisis as doctors in the country are resigning in protest against poor working conditions, insufficient funding and relatively low salaries.

Over 3,000 doctors are set to resign on the New Year's Eve because of their frustrations with the government.

"We would like the state to pay more money to hospitals. So the hospitals can then deliver better health care," said Martin Zakucia, a representative of the Medical Trade Union Association.

Doctors accuse the government of breaking promises.

In 2022, it signed a 13-point memorandum with the doctor's union that guaranteed wage increases, better training and improved hospital conditions.

But Martin Smetana, a healthcare economist, says those promises have been abandoned.

"I really hope we won't come to this point because this will end when the first patient dies who didn't have to die," he said.

Experts say public hospitals are experiencing staffing shortages and nearly 20 percent of new doctors choose to leave the country after graduation in search of better salaries abroad.

The Slovak government recently approved a wage boost to ease tensions. It raises pay for nurses but has left doctors feeling betrayed. They are demanding the 9.7-percent pay rise promised in 2022 instead of the 6.4-percent currently on the table.

Slovakia's government argues that cost-cutting is needed to meet budget requirements of the European Union, but doctors say the issue goes beyond pay.

They also say they are overworked in underfunded state hospitals, often dealing with outdated equipment and conditions that have worsened since the 2022 agreement.

With no end to the dispute in sight, the government has intensified pressure on doctors, recently introducing a bill threatening up to a year in prison for walkouts. It has left the public and patients stuck in the middle.

"I support the doctors because healthcare in Slovakia is in bad shape. We have few beds, old equipment and long waiting times," said a patient.

"I understand why they're unhappy. They have valid reasons, but I hope both sides can find a solution," said another patient.

Negotiations between the government and the doctors' union have stalled. But if the resignations go through, it means that over half of the 6,000 doctors currently employed in Slovakia's hospitals will be out of work.

Slovakia faces healthcare crisis as large numbers of doctors resign

Slovakia faces healthcare crisis as large numbers of doctors resign

Slovakia faces healthcare crisis as large numbers of doctors resign

Slovakia faces healthcare crisis as large numbers of doctors resign

Slovakia faces healthcare crisis as large numbers of doctors resign

Slovakia faces healthcare crisis as large numbers of doctors resign

China's blue-chip CSI 300 Index made modest gains in the past week thanks to the huge electrification campaign that reduces the country's exposure to the volatile oil price as the continuing conflict in the Middle East enters the second week, said an analyst on Friday.

Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.81 percent to 4,095.45 points.

Timothy Pope, a market analyst for China Global Television Network, said the CSI 300 Index made modest gains despite a rough week for both Chinese and global stock markets.

"The conflict in the Middle East really shows no sign of winding down and it has been as you said another rough week for the global markets. Today the Shanghai Composite Index closed down 0.8 percent, and ended lower for the week as well, but the blue-chip CSI 300 Index actually managed to make some modest gains this week. And that fits what we've been hearing from analysts and investment banks, including Morgan Stanley and UBS. They've said that China's got less oil exposure than other economies. This is partly because of the huge electrification campaign which has been happening in China from family cars to road haulage, and also just the total energy mix here. But we know that oil isn't the only thing that's not getting out of the Middle East at the moment. Fertilizer has emerged as another big disruption point and we have seen in the last 48 hours China already begin early releases of fertilizer reserves ahead of the spring planting season. With all that in the mix we have seen the likes of Morgan Stanley and UBS touting A-shares as a diversification option and a resilient market in this risk-off investment environment," said Pope.

"Sector-wise today we saw some consumer stocks rising -- led by liquor makers, in particular, Kweichow Moutai. There were also some limited gains for Chinese real estate and financial firms. But with the oil price still extremely volatile, Chinese resources and energy shares pulled back today to become the two worst-performing sectors," said Pope.

Chinese blue-chip stocks make gains amid a rough week for global markets: analyst

Chinese blue-chip stocks make gains amid a rough week for global markets: analyst

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