Interest rate cut fails to halt firming crown

THE DECISION by Slovakia's central bank (NBS) to lower interest rates in response to the strengthening Slovak crown has not had much effect on the exchange rate, say analysts.Slovakia's currency reached Sk41.09 against its euro benchmark on November 11, a significant psychological level, say analysts, and the highest value for the currency since the introduction of a floating currency peg in October 1998.After several interventions on foreign currency markets pulled the crown's value back slightly, NBS officials said continued growth had forced the bank to lower interest rates by 1.5 percentage points, effective November 18.

Miroslav Karpaty 25. nov 2002
TASRand 1 more 25. nov 2002
TASRand 1 more 25. nov 2002

Review: Food for contemporary knights

TEMPLARS is one of the few Bratislava restaurants that, rather than specialising in a national cuisine, bases its menu and decoration on a specific theme. Located in a downtown cellar, the owners have created a medieval atmosphere reminiscent of a castle.The walls are embellished with knightly tunics, swords and replicas of torches instead of lamps. The menu is written in a style that resembles old Slovak, with archaic words and amusing phrases, which unfortunately do not translate well into English. The menu is very simple, offering a daily set menu for Sk99 and a reasonable selection of meat dishes with a few vegetarian options. The prices are similar to those found in other city-centre restaurants, with main dishes from Sk150 to Sk200.

Saša Petrášová 25. nov 2002

Slovak police assist in arrest of UK terror suspect

ONE of three men linked to a possible cyanide attack on the London Underground may have planned his terror attack in Slovakia, according to documents seized by police in Bratislava.Interior Minister Vladimír Palko said Rabah Kadre, 35, one of three suspects in the alleged terror attack plot, arrived in Slovakia in November 2001 and had been closely watched by Slovak police for about a year.At a press briefing November 18 the minister said that although the local police had kept an eye on Kadre, they had not been able to gather enough information to arrest him.

Martina Pisárová 25. nov 2002

Symbolic return to one's nest

SOME 500 metres from London's Victoria Station stands Westminster Cathedral and its little chapel that houses the Triptych of the Holy Rosary. Carved into Perspex, it was created by Bratislava native Arthur Fleischmann, who was married there in 1955.The world-renowned sculptor died in January 1990 at the age of 93, just two months after the anticommunist revolution opened the country's borders to the West and when the artist's dream to visit his birthplace could have finally come true.During his nearly-70-year career, Fleischmann worked in more than six countries. However, he never managed to make it back to where he grew up - Bratislava. Fleischmann, who originally trained and worked as a doctor, left central Europe before the second world war. Fearing for his life because he was a Jew, he travelled to South Africa as the doctor for a Vienna-based ice-hockey team. The communists, who took over in 1948, made it impossible for him to return.

Zuzana Habšudová 25. nov 2002
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