Articles - The Slovak Spectator

Harmonised inflation at 3.7 percent Business in short Locked

INFLATION in Slovakia continued its moderate deceleration in April. Inflation, as measured by the harmonised index of consumer prices (HICP), stood at 3.7 percent in April, a fall from 3.9 percent in March. 21 May 2012 Compiled by Spectator staff The Slovak Spectator

Fico seeks more for decommissioning Business in short Locked

DURING a meeting of the European Nuclear Forum in Bratislava, Slovak Prime Minister Robert Fico asked the European Commissioner for Energy, Günther Oettinger, to increase the EC’s contribution to the cost of decommissioning the two units of the V1 nuclear power plant in Jaslovské Bohunice, the TASR newswire reported. 21 May 2012 Compiled by Spectator staff The Slovak Spectator

MPs approve Lisbon Treaty changes Business in short Locked

SLOVAKIA’s parliament approved the changes to the Lisbon Treaty that establishes the European Stability Mechanism (ESM), the EU’s permanent bailout fund, during its session on May 15. The amendment to the treaty had the support of 130 out of 142 deputies present, the TASR newswire reported. 21 May 2012 Compiled by Spectator staff The Slovak Spectator

Greenpeace nuclear suit dismissed Business in short Locked

ANTI-NUCLEAR activists from Greenpeace Slovensko have failed in their lawsuit against Slovakia’s Nuclear Regulatory Authority (ÚJD) regarding the finalisation of construction of the third and fourth nuclear reactors at the Mochovce power plant. The Bratislava Regional Court dismissed the organisation’s suit, the SITA newswire wrote, adding that Greenpeace will likely appeal the ruling. 21 May 2012 Compiled by Spectator staff The Slovak Spectator

US investors snap up Slovak bonds Locked

AFTER successful sales of bonds denominated in Czech crowns and Swiss francs earlier this year, Slovakia offered the country’s first US dollar-denominated bond issue on May 10, selling $1.5 billion (approximately €1.15 billion) of 10-year bonds. Demand was as high as $3.0 billion. 21 May 2012 Jana Liptáková The Slovak Spectator

Slovak GDP posts impressive growth Locked

SLOVAKIA is now a small island of growth amid a European sea of stagnating economies. The eurozone as a whole posted zero growth for the first three months of this year but Slovakia’s economy grew during the same period at a rate of 3.1 percent year-on-year, a slight fall from the 3.4-percent growth recorded in the last quarter of 2011. Gross domestic product (GDP) grew at a brisk 0.8 percent from quarter to quarter, according to data released by the Slovak Statistics Office on May 15. 17 May 2012 Beata Balogová The Slovak Spectator

Global wine competition in 2013 Business in short BRATISLAVA will host one of the world’s major viticulture competitions next year, as the 20th Concours Mondial de Bruxelles comes to the Slovak capital. 14 May 2012 Compiled by Spectator staff The Slovak Spectator

'Activating' 65,000 Slovaks in need Business in short ACCORDING to the Centre of Labour, Social Affairs and Family (ÚPSVAR) almost 65,000 Slovaks in March were receiving what is called ‘activation benefit’ worth €63.07 a month, the TASR newswire wrote. 14 May 2012 Compiled by Spectator staff The Slovak Spectator

State Material Reserves has new head Business in short THE STATE Material Reserves Administration (ŠHR) now has new management as the cabinet appointed Andrea Seková as the deputy head of the ŠHR, replacing Róbert Repiský as of May 9, the TASR newswire reported. 14 May 2012 Compiled by Spectator staff The Slovak Spectator

Trade surplus continues in March Business in short SLOVAKIA’S foreign trade surplus continued in the positive trend of previous months as the Statistics Office reported that exports exceeded imports by €389.9 million in March and that the surplus had increased by €48.7 million from February. The March 2012 trade surplus was more than €200 million higher than in March 2011, the SITA newswire reported. 14 May 2012 Compiled by Spectator staff The Slovak Spectator

Why Slovak web pages load quickest WEB PAGES load onto desktop computer screens in Slovakia faster than anywhere else in the world: in just 3.3 seconds, on average. This was the somewhat surprising finding from tests conducted by Google in April 2012. One possible explanation for the fast speed is the fact that Slovaks tend to browse mainly Slovak-language sites, which are hosted locally. Google measured the speed at which web pages loaded onto desktop computers and mobile devices in 50 countries with the fastest internet connections, the Bloomberg newswire reported. 14 May 2012 Roman Cuprik The Slovak Spectator

EC wants answers from Slovak Telekom THE EUROPEAN Commission is looking into whether Slovak Telekom (ST) violated European competition rules in regards to several wholesale broadband markets in Slovakia. If ST and its parent company, Deutsche Telekom, cannot prove that there was no breach of EU regulations on open access to telecommunication networks they could face large fines. 14 May 2012 Radka Minarechová The Slovak Spectator

Fico's plan nears approval WHILE the programme statement of the government of Robert Fico faces little likelihood of being voted down by MPs – the ruling Smer party controls 83 of the 150 seats in parliament – discussion of it has been lengthy, with the opposition criticising many of the ideas through which Fico aspires to bring about what he calls a “modern and thrifty state that intervenes in the economy only when reasonably necessary and avoids approaches that deform the market”. 14 May 2012 Beata Balogová The Slovak Spectator

Economic sentiment improves Business in short THE INDICATOR of Economic Sentiment (IES) in Slovakia rose again in April, increasing by 0.7 points month-on-month to 91.7 points, the Statistics Office announced on April 30, with the SITA newswire reporting that sentiment was more positive in all sectors in March and that the consumer confidence indicator rose in April, as did the indicator in the construction industry. Nevertheless, the IES remains 2.6 points below its level of April 2011 and lags behind the long-term average by 5.9 points. 7 May 2012 Compiled by Spectator staff The Slovak Spectator

Private investors welcomed Business in short TRANSPORT Minister Ján Počiatek stated that he will consider the possibility of allowing strategic investors to own some part of Cargo, the state-run rail freight carrier, as well as state-owned M. R. Štefánik Airport in Bratislava, the TASR newswire reported. The first government of Prime Minister Robert Fico, in which Počiatek served as finance minister, ditched a plan to privatise the airport in 2006. 7 May 2012 Compiled by Spectator staff The Slovak Spectator

Spravodajstvo

Váš obsah

Šport

Sekcie

Západ

Východ

Stred

Business