Hungarian ambassador summoned over Mlynky

THE SLOVAK Foreign Affairs Ministry summoned Hungarian Ambassador Antal Heizer on March 26 to explain the recent goings-on in Mlynky, a village in Hungary that is 55 percent Slovak.

31. mar 2008
Who laid that?: A giant snow Easter egg was made in the High Tatras.

Giant Easter egg sculpted from snow

PETER Petras, keeper of Reinerova Chata, a mountain chalet in the High Tatras, has sculpted what is probably the biggest Easter egg of this season. The snow egg, is which more than two metres high, is complemented by a giant whisk measuring 37.8 metres long.

31. mar 2008

AVC Čadca leaves the Engineering Industry Association

AVC Čadca, which supplies car producers, is leaving the Slovak Engineering Industry Association (ZSP) in protest at a recently-signed collective agreement with trade unions. ZSP signed the agreement with OZ KOVO, the trade union organisation representing engineering workers, in mid March pushing up wages in Slovakia's key industrial sectors by 6.5 percent.

31. mar 2008

Very little sympathy for the code

IN THE SHOWDOWN over Slovakia's new Press Code, the governing coalition is giving no quarter on its most controversial provision.

31. mar 2008
Easter in Slovakia is actually all about flirting, this author thinks.

A flirtatious Easter of water and whipping

MY first Easter Monday in Slovakia started with the sound of my boyfriend laughing, just before he startled me out of my peaceful slumber (spánok) by splashing cold water into my face.

31. mar 2008

Crime rate drop may be misleading

STATISTICS from both the European Union and national law enforcement show that the crime rate in Slovakia has declined over the past several years.

31. mar 2008
Vehicle leasing is declining as a share of the overall market.

Leasing clients are likely to stay put after euro

IF Slovakia enters the Eurozone, the amounts in leasing contracts will be converted into euros and interest rates will be set by the European Central Bank.

31. mar 2008

Quote of the Week:

"A joke repeated twice ceases to be a joke. The situation in 2008 cannot be

31. mar 2008
Phishing for answers: bank customers are being warned about scams.

Phishing scam hits Slovak bank

HUNDREDS of clients of Slovenská Sporiteľňa, the country's largest bank, received what looked to be an official email in late March that announced their accounts had been blocked and would stay so unless certain personal data was submitted.

31. mar 2008
Construction firms have the worst payment pattern, a credit insurance professional says.

Corporate financial morals take a slide

SLOVAK firms have been getting worse at paying their debts and meeting their financial obligations over the past two years. However, they've not yet sunk to the level of the least disciplined in Central Europe, experts say. And increasingly, Slovak firms are taking a closer interest in the payment history of their clients.

31. mar 2008

Istrobanka bought by ČSOB owner

ČSOB bank has been consolidating its position in the Slovak market. The bank's owner, the Belgian banking and insurance group KBC, agreed on March 21 on to buy Istrobanka from the Austrian bank BAWAG. KBC Group will pay BAWAG Ř350 million for Istrobanka, representing 3.5 times its book value, the Pravda daily wrote. This significantly exceeds estimates by Austrian analysts, who had valued Istrobanka at about half its selling price.

31. mar 2008

China to cooperate with Nitra Region

HENAN province will be the first from China to form a cooperation with a Slovak region.

31. mar 2008

Majority admit to sneaking a look at other people's texts

AS MANY as 55 percent of people aged 15 to 25 have read text messages from the mobile of their partner or close friend, according to an online poll by GfK Slovakia at the beginning of March, the SITA newswire has reported.

31. mar 2008
Books on the castle Are surpisingly scarce.

New book tells The Castle's Story

THE CASTLE is one of the most distinctive features of Bratislava's skyline, and a favourite destination for tourists. The place exudes history - the Crown Tower, for instance, is one of the oldest buildings in the city - but, in spite of this, books about the castle are relatively few. A recent addition is Príbeh hradu/The Story of the Castle in Bratislava by Adela Markovich and Jana Hutťanová. Written half in Slovak and half in English, it was published by Kala last year to fill what the company saw as a gap in the market.

31. mar 2008

Spanish financial group enters Slovak market

SPANISH financial group Santander opened its first organisational unit in Slovakia in mid February, Santander Consumer Finance.

31. mar 2008

Baby undergoes life-saving surgery

DOCTORS in Bratislava successfully completed a heart-valve transplant on a two-month old baby in mid-March, saving his life.

31. mar 2008

Debt engulfs health sector

THE LATEST report on the state of Slovakia's health care sector only confirms what has been known for some time: it is drowning in debt. The sector was Sk8 billion in the red by the end of 2007, a Sk1.25 billion increase year-on-year.

31. mar 2008
A long wait is in store for foreigners seeking residence permits.

Foreign Police have ways of making you wait

FOREIGNERS who decide to stay in Slovakia for more than 90 days face an initial ordeal. At the Office of the Border and Foreign Police in Bratislava, where applications for temporary or permanent residence are handled, their patience is tried in the small office by a long wait for their turn.

31. mar 2008

Transport Ministry shortlists four participants for PPP tender

FOUR consortia have been given the go-ahead to tender for a contract to build and operate about 50 kilometres of highways in a public-private partnership (PPP). The Transport Ministry announced the names of the shortlisted consortia, which will be invited to take part in the next step in the process on March 25, the SITA newswire wrote.

31. mar 2008

The handbags of your dreams, by the hour

DESIGNER luxury is on offer to Slovak customers for just a few hundred crowns with the launch of the country's first designer handbag-rental business in Bratislava, according to a report in the Nový Čas daily.

31. mar 2008
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