Experts predict that new housing projects will push down the prices of old apartments across the country.

No end in sight to property price inflation

REAL estate guides about Bratislava and other areas of the country attractive to foreign investors should start carrying this warning about the prices: "Not for the lily-livered".

21. apr 2008

Slovakia ranks 43rd in technological development

THE WORLD Economic Forum (WEF) has published its chart of the most technologically-developed countries of the world, The Global IT Report, in which Slovakia has climbed two places since last year and is now 43rd in the rankings, the SITA newswire reported.

21. apr 2008

Letterstone leading the way on construction in the east

BRITISH investor and developer Letterstone is investing Sk2 billion in Central Park, a new residential zone in Košice that will contain almost 400 flats, a hotel and shops, the company's representatives informed the Hospodárske Noviny financial daily.

21. apr 2008

Slovakia is a carmaking world power

CAR MAKERS' determination to exhibit their best cars in Slovakia confirms the country's position as a world power in car making, according to a report in the Hospodárske Noviny financial daily. The most prominent car show in Slovakia, the Bratislavský Autosalón, opened its doors on April 16. Twenty-seven carmakers exhibited 63 new or up-graded models at the five-day show in the capital.

21. apr 2008

Here comes another one to run STV

SLOVAKIA'S public service television has a new general director. Again. Including those who lasted only a couple of months or - in one case - just a single day, the monolithic headquarters of Slovak Television (STV) had seen 13 general directors pass through its doors since the fall of communism in 1989. With Štefan Nižňanský's appointment on April 16 the number climbed to 14.

21. apr 2008

Cost of diesel in Slovakia rises to record level

THE PRICE of diesel in Slovakia has increased to almost Sk42 per litre, marking an all-time high. In spite of this Slovak diesel remains the cheapest in Central Europe, the Sme daily reported.

21. apr 2008
A lot of people complain that contemporary architecture all looks the same - glass cubes.

No limits on space, but some on creativity

THE BOOM in the Slovak real estate market amounts to much more than just a series of property catalogues resembling Tolstoy's War and Peace. New buildings have been mushrooming at an amazing pace and it seems architectural plans are being ordered as often as pizzas.

21. apr 2008

New real estate website launched

TRISTAN Media Efective (TME), a Bratislava-based publishing and communications company and member of the Tristan Group, has launched EUnovostavby.sk, an online version of its monthly real estate magazine, the SITA newswire wrote.

21. apr 2008
Anna Vinnitskaya

Žilina hosts top young classical musicians

THE NORTHWESTERN town of Žilina will become the centre of young European concert art for the 18th time, hosting exceptional talent from Slovakia and abroad at the Central European Music Festival between April 21 and 26. The festival provides classical music lovers an exceptional opportunity to hear the winners of prestigious music competitions.

21. apr 2008

Slovan Hotel to be renamed

DOUBLETREE by Hilton will be the new name of the Slovan Hotel, which is under construction after years of dominating Košice's skyline.

21. apr 2008

German investors declare Slovakia most attractive in CEE

A NEW survey has found that German investors consider Slovakia the most attractive investment market in Central and Eastern Europe.

21. apr 2008
Bratislava's Slovan ice-hockey team repelled a final attack by HC Košice to win the Extra-League Championship.

Slovan defends its Extra-League ice-hockey title

BRATISLAVA ice-hockey team Slovan won the deciding seventh match of the Slovak Extra-League final at their home stadium on April 11, beating HC Košice 3:2. The result meant that Slovan successfully defended their Champion's title, the ČTK newswire wrote.

21. apr 2008

Austria: Postgraduate Economics Programme

THE DEPARTMENT of Economics and Finance of the Institute for Advanced Studies in Vienna, Austria is accepting applications for a two-year economics programme commencing in September 2008. These programmes form a solid foundation for excellent training and creative research in Vienna. The lectures and seminars are held by internationally renowned visiting professors and the institute's highly qualified faculty. All courses are held in English and class sizes are small. Visiting professors, international scholars, and faculty are also available to students for consultation.

21. apr 2008

New law tackles retail chains

SLOVAKIA now has a law that will allow the authorities to keep a tighter grip on retail chains while also aiming to shelter suppliers from the power of large purchasers.

21. apr 2008

University students protest against "illegal" collection

ABOUT 50 students gathered in front of parliament in Bratislava on April 11 to protest about what they allege is the illegal method used to collect university tuition fees. The protest rally was organised by university students who attend two or more universities simultaneously or have exceeded the normal time allowed for their studies, the ČTK newswire wrote.

21. apr 2008

Fulbright is a gain, not a drain

SINCE the end of communism, Slovak students have had the opportunity to spend their entire study abroad or participate in international exchange programmes.

21. apr 2008

Inflation rises again, but doesn't threaten euro

INFLATION in Slovakia has accelerated again, but its growth should not prevent the country from adopting the European single currency, the Sme daily reported. But some analysts think that the rise will increase doubts about whether Slovakia will be able to keep inflation low following admission to the eurozone.

21. apr 2008

Čachtice Castle

THE VALLEY of the Váh river is flanked by the ruins of many castles. In its lower part, in the Biele Karpaty mountains, there are the ruins of a castle inseparably linked with the legend of the Bloody Lady of Čachtice.

Branislav Chovan 21. apr 2008

Quote of the Week:

"Did he murder somebody?"

21. apr 2008

Lower property prices lure Slovaks to Hungary and Austria

THE HIGH price of buying property is Bratislava is causing some Slovaks to purchase flats and houses in Hungarian or Austrian villages.

21. apr 2008
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