WHEN THE SLOVAK centre-right opposition won a surprise victory in elections last June, one of its first actions was to pull the plug on a pair of multibillion-euro motorway projects planned by the previous regime. Domestically, it was a popular move – local politicians and media had condemned the public-private-partnership financing of the schemes as expensive and unnecessary – but it badly dented the confidence of the international infrastructure community in central and eastern Europe.
In some respects, the cancellations should not come as a surprise.
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