Government approves public finances deficit cut by 2.2 percent of GDP

The government at its session on August 27 approved the revision of the public finance deficit estimated for 2008 to 2.2 percent of gross domestic product (GDP) from an original estimate of 2.3 percent.

28. aug 2008

Harabin: Parliamentary debate will reveal Lipšic’s true nature

Justice Minister Štefan Harabin (HZDS) has said on August 27 that the debate over the no-confidence motion initiated against him by his predecessor, Daniel Lipšic (KDH), will reveal the most about Lipšic’s true nature.

28. aug 2008

Slovak crown depreciated 0.26 pct. against euro in July

This July the exchange rate between the Slovak crown and the euro weakened by 0.26 percent from 30.312 SKK/EUR to 30.390 SKK/EUR.

27. aug 2008

Dočolomanský, famed actor, loses bout with cancer

Michal Dočolomanský, an actor known for his roles in the films Adéla ještě nevečeřela (Adela Hasn’t Had Dinner Yet) and Tajemství hradu v Karpatech (The Mysterious Castle in the Carpathians), and as folk legend Jánošík in the musical Na skle maľované (Painted on Glass), has died after an eight-month bout with lung cancer. He was 66.

27. aug 2008

Annual grain harvest expected to be 35 pct higher than last year

This year's grain harvest (wheat, rye, oats, barley, and triticale) will be 35.1 percent higher than last year, according to an August 15 estimate from the Statistics Office.

27. aug 2008

Housing real estate prices up 31.2 pct. on average in Q2

In the second quarter of this year, housing real estate prices dropped moderately, according to the Slovak National Bank and National Association of Real Estate Agencies.

27. aug 2008

SPP baffled by regulatory authority's decision

Slovakia's natural gas distributor, SPP, is baffled by a decision from the Office for the Regulation of Network Industries (ÚRSO) on August 26 that rejected its request for an 15.9-percent increase in household gas prices as of Oct. 1.

27. aug 2008

Poll: Television and press are dominant sources of information on Euro

For many Slovaks (around 50 percent), the dominant sources of information on the euro are television and the daily press, according to a survey published by the Statistics Office on August 26.

27. aug 2008

No-confidence vote on Justice Minister scheduled for next week

Parliament is expected to vote on a no-confidence motion against Justice Minister Štefan Harabin next week, KDH vice-chairman Daniel Lipšic told the TASR newswire on August 26.

27. aug 2008

Slovakia opposes sovereignty for Abkhazia and South Ossetia

Slovakia opposes Russia’s recognition of Abkhazia and South Ossetia as sovereign provinces, Foreign Affairs Ministry spokesperson Ján Škoda told the TASR newswire on August 26.

27. aug 2008

Questions raised over social businesses

The Sk800 million which the Labour Ministry has allocated to so-called social businesses may end up profiting private individuals who employ people who would not have a problem finding work elsewhere, according to a report in the Sme daily on August 26.

26. aug 2008

Central Bank keeps key interest rates on hold in August

In line with analysts' expectations, the National Bank of Slovakia (NBS) again left key interest rates in Slovakia unchanged in August.

26. aug 2008

European Commission reminds government about transparency requirement

The European Commission has said that Prime Minister Robert Fico needs to be mindful of the need for transparency when handling EU funds.

26. aug 2008

Developers plan more projects for Prešov

Several developers have presented large projects for the town of Prešov in eastern Slovakia.

26. aug 2008

SE announces tender for completion of Mochovce Nuclear Power Plant

Slovakia's electricity utility Slovenské Elektrárne (SE) has announced a tender for the completion of two blocks of the Mochovce nuclear power plant, SE announced on August 25 in the Official Journal of the European Union.

26. aug 2008

Palko: Police must act in line with rules in order to avoid tragedy

Vladimír Palko of the Christian Democrats of Slovakia (KDS) said on August 25 that he would propose at the next parliamentary session to amend legislation in order to prevent a repeat of a recent incident in which an undercover officer and an informant were killed.

26. aug 2008

Thirty planes and helicopters to fly at Slovak Air Fest

The largest Slovak air show for the past four years will take place at Očová airport (Banská Bystrica region) on August 30-31, its manager, Hubert Stoksa, told the TASR newswire on August 25.

26. aug 2008

EU Commission: No comment on possible expropriation of energy firms

The European Commission said on August 25 that it was not ready to comment on declarations from the Slovak government concerning the possible expropriation of the country's energy monopolies as a way of keeping down energy prices. "We can only emphasise that under single-market investment rules, there can be no discrimination between private and state-owned businesses,” EC spokesperson Amerlia Torres said. “This is a general rule and all that I can comment on right now." TASR

26. aug 2008

Exclusive Living in Bratislava’s Castle Hill Residence

The construction of exclusive residences in the most desirable location in Bratislava, on the hill above Bratislava Castle and Parliament, is nearing completion. Seven luxury apartments in two separate villa-houses will be ready for residents to move in September 2008.

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26. aug 2008

Petrol prices to fall as of August 26, diesel prices unchanged

Petrol prices in Slovakia will shrink by 30 hellers (€0.01) per litre as of August 26, while diesel price will not change, according to the Natankuj.sk website.

25. aug 2008
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