Survey shows pensioners are most reliable borrowers

Pensioners are the most reliable about repaying their debts, according to "European Payment Habits,” a survey by the EOC financial company.

30. jun 2008

Trade Unions sink declaration on responsible budgetary policy

A joint declaration on support for a responsible and ambitious budgetary policy failed to pass at a session of the Economic and Social Council of the Slovak Republic on June 30.

30. jun 2008

Antitrust Office clears Istrobanka/KBC merger

The Slovak Antitrust Office (PMÚ) has cleared the sale of Istrobanka to Belgian group KBC.

30. jun 2008

Bernd Wagner to head SPP Board from July

Bernd Wagner will become the new chairman of the board of directors of gas distributor Slovenský Plynárenský Priemysel (SPP) as of July 1.

30. jun 2008
No longer forced, yet eager to learn.

Unburdened by the past

IN the 1950s, the Communist government in Czechoslovakia banned English, as well as other languages of the "imperialists," and required every elementary school and high school student to learn Russian.

30. jun 2008
Slovakia is dependent on oil supplies from Russia.

The size of the market matters

RUSSIA is attractive to Slovak businesses due to the size of its market. And Slovakia offers Russian businesses entry to the 500 million potential customers of the European Union. When Slovakia was part of the communist bloc under the Soviet Union, the countries had a very direct economic and political relationship. But that relationship is now rather indirect, as it is mostly conducted on Slovakia's behalf through the European Union.

30. jun 2008
Pitchfork casting in action.

New pitch- fork record

VIDLOMET, the world championship in pitchfork casting, concluded with a new world record. Slovak javelin thrower Martin Benák, from Kálnica, threw a pitchfork 38.21 metres, beating the previous record by 10 metres. The third year of this unique competition took place on June 21 in Vaďovce, near Stará Turá, the Nový Čas daily wrote.

30. jun 2008
Collective Red, a staged photo by Arsen Savadov.

Danubiana displays top Russian art

VISITORS entering the main exhibition hall of Danubiana, a modern gallery on the Danube, come across a large rectangular red box with "Made in the USSR" inscribed on it in Cyrillic letters. Red, which symbolises blood, revenge, the revolution, and Communism, is the predominant colour in the room. It's also the colour scheme in staged photographs by Arsen Savadov and a painting by Erik Bulatov, contemporary Russian artists whose work is currently on display as part of an exhibition on Russian art.

30. jun 2008

Baroque artwork stays in Bratislava

THE CITY Gallery of Bratislava emerged the winner in an auction of Immaculata, a painting by baroque Austrian artist Paul Troger, at the SOGA auction house on June 10, the SITA newswire wrote. The gallery's winning bid was Sk620,000 (€20,435).

30. jun 2008
Juraj Horváth

Senior judge fears smears

A SUBSTANTIAL quantity of high explosive was found in the grounds of the house of Constitutional Court Judge Juraj Horváth in Komárno, southern Slovakia. Police Special Unit members found the explosive on June 20 close to a dog pen. "This amount of explosive would have been enough to destroy a seven-storey building," Horváth told The Slovak Spectator.

30. jun 2008
The buyers of Bátorfi's land own a vehicle wrecking yard.

Sick man’s land attracts ‘friends’

PAVEL Bátorfi is not well. A patient of the Philippa Pinela Psychiatric hospital in Pezinok since June 5, he has been diagnosed with paranoid schizophrenia and a personality disorder. Behind the glass of men’s ward A, he talks and walks as if wading through water. In his pyjamas and slippers, he looks as if he belongs where he is.

30. jun 2008
Ivan Bernátek

Option to leave private pensions ends; few do so

ONE of Prime Minister's Robert Fico’s pet projects, an attempt to shake up the pension system reforms of the previous government, is for now being wrapped up. Six months ago, what is known as the the second, 'capitalisation', pillar of the pension system - the option to pay pension contributions into a privately-managed fund - was opened up by the government, offering more than 1.5 million people the opportunity to leave it and return to the publicly-managed scheme. On June 30 that opportunity ends.

30. jun 2008

Investors got Sk32 billion in incentives

SLOVAKIA provided investors with incentives totalling Sk32.15 billion between 2001 to 2007, the Finance Ministry writes in an analysis.

30. jun 2008
Slovaks like holidays at the sea.

Slovak tourists prefer private accommodation when abroad

SLOVAKS mostly look for private accommodation or a standard hotel while on holiday abroad. But if on holiday in Slovakia, they prefer to rent a cottage or a cabin.

30. jun 2008

Slovaks like beer in plastic bottles

THE POPULARITY of plastic beer bottles has been growing in Slovakia. Last year, during which plastic maxi bottles were introduced, drinkers bought almost 9 million litres of beer in them. Sales in the bottles during the first five months of 2008 totalled more than 20 million litres, the Pravda daily wrote.

30. jun 2008

Quote of the Week:

“We want to be with them in a constant, constructive conflict.” Prime Minister Robert Fico, on how his government plans to deal with energy monopolies, in order to get better prices for households.

30. jun 2008
The SND Ballet opened the Summer of Culture festival.

Culture pours onto Bratislava streets

THE SLOVAK National Theatre Ballet opened the 33rd year of the Summer of Culture festival in Bratislava in grand style.

30. jun 2008
Osvald Zahradník (left) with Oleg Tabakov .

Russian-Slovak cultural links revive

THOUGH the arts from Russia are not presented in Slovakia – nor the arts from Slovakia in Russia – to the same extent that they were before 1989, the last few months have witnessed several bilateral cultural events.

30. jun 2008

Levoča looses Sk1 billion investment

FELDBACHER Holzverarbeitungs, an Austrian wood-processing company, has withdrawn from a plan to build a Sk1 billion sawmill in Levoča, in eastern Slovakia. The company failed to find enough suppliers of logs in the region.

30. jun 2008
PM Robert Fico and Labour Minister Viera Tomanová.

Fico's march to a socially-oriented state

THE TIME has come for a “very serious return” to a socially-oriented state in Slovakia, Slovak Prime Minister Robert Fico declared as he shared his vision of how the government intends to use the second half of its term in office. The Fico team promises more subsidies, more stability in the pension system and some clean-ups within state institutions, which it says could save money and allow greater state generosity via social programmes.

30. jun 2008
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