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		</div><p>Michal Kovac, who served as the first president of Slovakia after it became an independent state in 1993, has died. He was 86.</p>
<p>Interior ministry spokesman Ivan Netik said Mr Kovac died on Wednesday in a Bratislava hospital.</p>
<p>When Slovakia gained independence in 1993, as Czechoslovakia split into the Czech Republic and Slovakia, Mr Kovac was elected president and held the mostly-ceremonial post until 1998.</p>
<p>He was no longer involved in politics after his term expired.</p>
<p>Born on August 5 1930 in the village of Lubisa, Mr Kovac graduated from the University of Economics and worked in the banking sector before becoming involved in politics after the 1989 anti-communist Velvet Revolution.</p>
<p>He served as Czechoslovakia&#8217;s finance minister in 1990-91 and was also speaker of Czechoslovakia&#8217;s parliament in 1992.</p>
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