Analysts expect Central Bank to keep interest rates on hold

Analysts expect the National Bank of Slovakia (NBS) to keep interest rates on hold in August.

25. aug 2008

Justice Ministry and Catholic Church differ on prenups

The Justice Ministry wants to reduce the divorce rate and prevent marriages forged with the intention of self-enrichment by introducing prenuptial agreements, said Justice Minister Štefan Harabin on August 25, after holding talks with Bratislava Metropolitan Archbishop Stanislav Zvolenský.

25. aug 2008

Opposition slams prime minister for condoning patronage

The opposition Hungarian Coalition Party (SMK) had a sharp reaction to Prime Minister Fico’s statement on the TA3 news station on August 24 that patronage was a normal part of a political system. It issued a warning that this could stop financial support from EU funds.

25. aug 2008

Trade Union reverses stance and supports employee bonus

Trade union representatives have re-evaluated their negative stance toward the so-called employee bonus destined for low income employees.

25. aug 2008
SE head Paolo Ruzzini (from left), PM Robert Fico and Economy Minister Ľubomír Jahnátek.

PM warns monopolies about expropriation option

ENERGY companies risk expropriation if they fail to incorporate the public’s social situation into their pricing schemes. This was the thrust of recent statements made by Slovak Prime Minister Robert Fico as part of his widely-heralded “get tough” approach to energy monopolies.

25. aug 2008
Carmakers helped keep economic growth strong in 2007.

Preparing for a soft landing

AFTER a period of strong growth during which Slovakia’s economy excited market watchers, pleased financiers and puzzled Brussels, the pace has continued to slacken during the second quarter of 2008. However, few in the market have started biting their nails yet: the Slovak economy is continuing to grow faster than some key EU economies, where recession is now a real fear.

25. aug 2008

Not a “good guys versus bad guys” story

THIS is not one of those simple tales of good and bad. There is no climactic battle in which the “good guys” face the “bad guys”. There is no pleasing finale in which the “bad guys” are driven from the town, the country, the Earth, or the galaxy (depending on breadth of your canvas). It is, instead, a political melodrama, and a pretty tawdry one at that.

25. aug 2008
After being close political allies for more than a decade, Vladimír Mečiar and Zdenka Kramplová have parted ways.

Allegations fly over sacked minister

SACKED former agriculture minister Zdenka Kramplová, says she was fired for refusing to bowing to political pressure when awarding ministerial contracts. But political analysts say that even though there’s some truth in that, she still deserved to lose her job.

25. aug 2008
Elena Kaliská savours her Olympic victory.

Musuľbes adds bronze to gold

THE EVENTS of August 15 will be written in golden letters in the chronicles of Slovak sports history.Twin brothers Peter and Pavol Hochschorner and Elena Kaliská, both competing in the water slalom, won gold medals within 36 minutes of each other at the XXIX Olympic Games in Beijing.

25. aug 2008

Falling trees kill two at festival

TWO teenagers were killed at the Hardfest in Jaslovské Bohunice on August 15 when their tents were hit by trees that fell during a storm. A third person is in a critical condition at a local hospital, the SITA newswire wrote.

25. aug 2008

Slovakia marks 40th anniversary of Warsaw Pact invasion

GOVERNMENT representatives, social and cultural figures, and members of the general public have been marking the 40th anniversary of the Soviet-led Warsaw Pact invasion of the former Czechoslovakia. Commemorations culminated on August 21, the day in 1968 when the armed forces of five Warsaw Pact countries invaded, ending the hopes of Slovaks and Czechs for the “socialism with a human face” envisioned by the communist leader at the time, Alexander Dubček.

25. aug 2008
Vienna's St. Stephen's cathedral.

Proximity matters

AUSTRIA is the only western European country bordering Slovakia. The two countries also shared a common past for several hundred years when both were part of the Austro-Hungarian Empire. And now, their geographical and cultural proximity has created a solid base for business cooperation and above-average relations.

25. aug 2008
The Mladosť cinema.

Slovak film business lagging

DESPITE the popularity of big cinema complexes, Slovaks are spending less and less time at the movies.

25. aug 2008
The AIRpad exhibition of Austrian design opens in October.

Sharing a common history

DURING Communism, the border between Austria and Czechoslovakia was heavily fortified. But since the fall of the Iron Curtain in 1989, relations between Austria and Slovakia have resumed and grown, including cultural ties.

25. aug 2008
This female wolf dog from Italy won a CAC award and the best of breed award.

Famed actress dies, aged 101

VILMA Jam-nická, a writer, astrologer, and actress who was one of the founders of Slovak dramatic theatre, died of natural causes on August 12. She was 101.

25. aug 2008
Honouring Andrej Hlinka, 70 years after his death.

Slota attacks NATO ally

THE SLOVAK army should be better trained. But not to deal with the threat of terrorism, or help fulfil Slovakia’s obligations as a member of NATO. Instead, according to Ján Slota, leader of the Slovak National Party (SNS), a junior member of the governing coalition, better military training is needed in order to repel a threat from Hungary.

25. aug 2008

Dogs gather at Incheba

THOUSANDS of dogs pranced about Incheba exhibition complex in Bratislava on August 16 and 17 during the Duo Danube Show.

25. aug 2008
A Twin City Liner catamaran.

Vienna is like a second home

VIENNA and Bratislava are less than 60 kilometres apart, making them the closest capitals in Europe. Such a short distance provides a lot of opportunity for cooperation, which creates economic benefits, a wealth of cross-border contacts, and a better neighbourhood.

25. aug 2008

DVD brings August 1968 back

ON AUGUST 21, 1968 soldiers from five Warsaw pact armies invaded what was then Czechoslovakia and with their tanks rolled over the hopes of Slovaks and Czechs for “socialism with human face” as envisioned by Alexander Dubček.

25. aug 2008
Vilma Jamnická loved life.

Czech spelunkers rescued from cave

CZECH speleologists Jirka Mate and Aleš Procháska got lost in Zúgó Cave, near Kunova Teplica, in eastern Slovakia, on August 12 and couldn’t find their way out for more than 40 hours, the Nový Čas daily wrote.

25. aug 2008
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