Central Bank keeps key interest rates on hold in September again

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

30. sep 2008

Transport Ministry finds provider of analytical services

The Research Institute of Posts and Telecommunications (VÚS), n.o., Banská Bystrica will provide for the Ministry of Transport, Posts and Telecommunications permanent and analytical activities in the area of electronic communications, the minsitry announced on September 30.

30. sep 2008

ÚVO asks court to reject fourth objection in highway toll tender

On September 30, the Public Procurement Office (ÚVO) asked the Bratislava Regional Court to turn down as groundless the fourth lawsuit in the highway toll collection tender.

30. sep 2008

Merger of CPS and Generali will create Generali Slovensko

The insurers Česká Poisťovňa-Slovensko (CPS) and Generali Poisťovňa finished merger proceedings and officially merge under a joint venture to become Generali Slovensko Poisťovňa as of October 1.

30. sep 2008

Three former MPs leave KDH to join KDS

Three former Slovak MPs - Marcela Pčolinská, Mária Majdová and Alojz Rakús – left the Christian Democrats (KDH) to join the new party Conservative Democrats of Slovakia (KDS), KDS head Vladimír Palko told the TASR.

30. sep 2008

RÚZ limiting its participation in tripartite negotiations

Only two paid representatives from the National Union of Employers (RÚZ) office will take part in tripartite negotiations from now on, RUZ president Marián Jusko said at a press conference in Bratislava on September 29.

30. sep 2008

Government okays agreements facilitating visa-free regime with USA

The Slovak government on September 29 passed two documents focusing on the war on terrorism that should bring Slovakia closer to a non-visa agreement with the U.S.

30. sep 2008

Pál Csáky denies speaking of autonomy with Bishop Tokes

SMK leader Pál Csáky has denied speaking of autonomy for southern Slovakia at an unofficial meeting with bishop and MEP László Tokes in Dunajská Streda on September 27.

29. sep 2008

Prime Minister Fico tells SMK leader to stop harming Slovakia

Slovak Prime Minister Robert Fico warned the opposition ethnic Hungarian SMK leader Pál Csáky that his statements about autonomy in southern Slovakia hurt the image of Slovakia and harm Slovak-Hungarian relations.

29. sep 2008

Central bank: Economic growth will slow over six months

Ľudovít Odor, a member of the board at the National Bank of Slovakia (NBS), said on September 29 that the Slovak economy’s growth will certainly slow in the next six months. But he does not expect a dramatic fall.

29. sep 2008

Unions want reduced payments to second pension pillar

Social partners meeting at the Economic and Social Council recommended that the Cabinet adopt a draft amendment to the law on old-age pension saving.

29. sep 2008
Slovakia faces arbitration proceedings with private health insurers.

Union and state fail to reach an agreement

SLOVAKIA may face another arbitration proceeding as a result of its law banning health insurance companies from extracting profits from their businesses. The Dutch insurance company Eureko, a shareholder of insurer Union Poisťovňa, may initiate arbitration proceedings, the SITA newswire wrote.

29. sep 2008

Slovakia may not draw all EU allocations for 2004-2006

THE CURRENT situation indicates that Slovakia will probably not manage to draw all money from EU funds allocated for the shortened 2004-2006 programming period.

29. sep 2008
People are becoming more interested in the quality of their property insurance.

Insurance market reached even split

LAST year, the ratio between life insurance and non-life insurance policies in Slovakia reached 50:50 for the first time. This means the Slovak market now more closely resembles that in western countries, where life insurance policies are more widespread.

29. sep 2008

Top policeman becomes a person of interest

POLICE Vice-President Michal Kopčík has been named as a person of interest in three recent criminal cases.The most recent case involves Ernest Šimonič, a witness in the country’s biggest organised crime case, who allegedly saw Kopčík illegally sell a machine gun, the Sme daily reported on September 17.

29. sep 2008

Slovakia to pay for seized property

THE SLOVAK government will pay almost Sk150 million (€35 million) to descendants of the Révay family for land and forests seized by the communist regime in the former Czechoslovakia. The family lost the property after the communist takeover and failed to get it back under post-1989 restitution proceedings. Both sides agreed upon a friendly settlement by which the state agreed to pay the family a total sum for the property and damage, costs and expenses. The European Court for Human Rights in Strasbourg confirmed the settlement on September 23, the ČTK newswire wrote. The dispute began in 1992.

29. sep 2008
Vincent Ositnik

U.S. visa waiver nears

THIS YEAR has witnessed considerable progress in cooperation between the US Embassy in Bratislava and the Slovak government on moving towards a visa waiver for Slovak tourists travelling to the U.S. The U.S. government is now likely to decide by the end of October whether Slovakia has fulfilled all the criteria necessary to allow visas to be waived for its citizens. Of particular importance is the number of refused visa applications during the last U.S. fiscal year, which will be known after September 30, U.S. Embassy spokesman Keith Hughes wrote in a press release. According to Hughes, the final two agreements necessary for the cancellation of the visa obligation should be signed soon, the SITA newswire wrote.

and 1 more 29. sep 2008
The Zone 13 project  and a performance by the KVELB group were two of the events held to support Košice's candidacy.

Košice’s victory is only the beginning

SINCE managing Košice’s winning bid for the title of European Capital of Culture (ECOC) 2013, the team at the Košice 2013 project has taken a well-earned week off. But times will soon be busier than ever for the project, which is already planning ahead for the event.

29. sep 2008
Tourists should check which sporting activities are covered by their insurance policies.

Travel insurance is becoming more popular

THE RECENT bus crash in Croatia that killed 14 Slovak tourists and injured many others was an unfortunate reminder of the value of travel insurance. Because all the passengers were insured, millions of crowns will be paid to cover the cost of their medical treatment, transport back to Slovakia, and transport of the bodies, the Hospodárske Noviny wrote.

29. sep 2008
Most clients show interest in insurance assistance services only after they get into trouble.

Assistance services set to expand

CLIENTS typically start paying attention to insurance assistance services only after they experience an accident or a breakdown. And while clients are familiar with assistance services provided with travel or car insurance, assistance services to property or legal protection insurance are a relative novelty on the Slovak market.

29. sep 2008
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