Quote of the week

“I don’t feel any mistrust. The trust is back. Yesterday’s Coalition Council was fine.”

13. dec 2010
Ing. Ladislav Veršovský, Chairman of the Board of YIT Reding a.s.

YIT’s acquisition of Slovak construction company REDING completed

YIT International Construction Services has finalised the acquisition of Reding a.s., a Slovak construction company. The completion of the transaction was approved by the competition authorities of Slovakia. YIT acquired 70 percent of the company’s shares from its founder Ladislav Veršovský.Mr. Veršovský will continue as the Chairman of the Board of the company and a shareholder with a 30 percent holding.

Advertorial
13. dec 2010

KDH re-elects Figeľ as leader

THE CHAIRMAN of the Christian Democratic Movement (KDH), Ján Figeľ, will remain in his post for another four years after delegates at the KDH’s 20th congress re-elected him as their leader for another term. At the same time, they voted in favour of prolonging KDH leaders’ normal terms from two to four years.

13. dec 2010
The foreign ministers of the Visegrad Group countries (from left) – Karel Schwarzenberg (Czech Republic), Mikuláš Dzurinda (Slovakia), János Martonyi (Hungary) and Radoslaw Sikorski (Poland) – shake hands after their meeting in Bratislava on October 22.

Visegrad spirit will resonate within the EU

NEXT year the European Union’s leadership will turn ‘Visegrad-like’ since first Hungary and then Poland will take the wheel of the EU’s rotating presidency. Even though chairing countries are pledged to be impartial this will still serve as a platform from which to present the Visegrad priorities and to showcase its cooperation, said Slovak Foreign Affairs Minister Mikuláš Dzurinda when asked by The Slovak Spectator to share his views on challenges facing the Visegrad Group countries and the contribution the group can make to the region and to the entire EU.

13. dec 2010

Bustards thrive from cross-border cooperation

Cross-border cooperation between Slovakia and Hungary is an integral part of the Eko-Plain-Net project involving Bratislava region, the Gyor-Moson-Sopron region of Hungary and environmental NGOs in analysing the environmental impacts of agricultural technologies. The project has been running for one and one-half years with a budget of around €400,000 and at a conference held in Bratislava in spring 2010, the international participants focused on the acute need to protect the Great Bustard, a bird that is among the globally-threatened species.

13. dec 2010
Dobroslav Trnka

Smer financing case dropped

AN INVESTIGATION into accusations of illegal party financing by Smer, the biggest party in the Slovak Parliament, has been halted, Interior Minister Daniel Lipšic has announced.

13. dec 2010

Hungary

Capital: Budapest Area: 93,036 sqkm Population: 10 million* Population by ethnic composition: Hungarians 92.3%; 200-220,000 Germans, 100-110,000 Slovaks, 80-90,000 Croats, 25,000 Romanians, 5,000 Serbs, 5,000 Slovenes, 10,000 Polish, 3,000 Greeks, 1,500 Armenians, 3,000 Bulgarians, 6,000 Ruthenians, 2,000 Ukrainians According to estimates there are about 400-600,000 Roma living in Hungary Currency: Hungarian forint Average monthly wage in 2009: €739.23** Real GDP growth rate: -6.7 percent (2009), 1.1 percent (estimate for 2010)* GDP per capita in Purchasing Power Standards in 2009 (EU-27 = 100): 63* Unemployment rate: 10.9 percent (November 2010)*

13. dec 2010

Bribery affects 1 in 9 Slovak families

ONE IN nine Slovak households has been asked for a bribe during 2010, according to a barometer of corruption that Transparency International conducted in 87 countries around the world including, for the first time this year, Slovakia.

13. dec 2010

Thousands of rail workers face the sack

THE LOSS-MAKING state-owned rail companies are facing one of the biggest rounds of layoffs in the history of rail transport in Slovakia. Last year, rail freight transporter Cargo, one of the three main rail businesses, received a huge government loan to keep it afloat. But now, with losses still mounting, the company is having to make serious cuts.

13. dec 2010

Zrada

THE LANGUAGE of medieval warfare continues to dominate Slovak politics. Last week it was all about conquering bastions in municipal elections. Now the main topic is zrada (treachery). And again, all you need to do to get the point is read the headlines: “MPs betray Radičová”, “Political scientists guess traitors”, “Parties cover treason”, “How to defeat coalition traitors? Try a vote of confidence”, “No search for traitors”, “Treason unrepeated, government survives”.

13. dec 2010

Countrywide Events

Western SLOVAKIA

13. dec 2010

Investing in the V4

THE COUNTRIES of the Visegrad Group are perceived as an attractive location for foreign investments as all four nations are members of the European Union and offer lower costs of labour along with high productivity in comparison to other parts of the EU. While V4 countries could form a common strategy to increase awareness of the region among distant foreign investors, a totally joint effort is unlikely as an actual investment usually lands in just one country and thus the countries often find themselves competing to attract investors.

13. dec 2010

V4 countries move to the right

2010 has been a turbulent year for all the countries of the Visegrad Group. Hard-fought battles, often marked by nationalist sentiment and efforts to blame the impact of the economic crisis on opposing parties, preceded the parliamentary elections in Hungary, Slovakia and the Czech Republic. Poland, where elections are expected to take place in 2011, faced its own trial: the country lived through the tragic death of its president in the spring and then the presidential race which ensued.

13. dec 2010

Reward offered for ATM thieves

FOLLOWING a recent increase in the number of thefts of cash machines (ATMs) across Slovakia, the Slovak Bank Association (SBA) has offered a reward to anyone who provides information leading to the identification of the thieves.

13. dec 2010
Labour Minister Jozef Mihál

Parliament approves 2011 budget plan

THE DANGEROUS path that Slovakia had been walking is now over, said Finance Minister Ivan Mikloš after the government’s budget for 2011 sailed easily through parliament.

13. dec 2010

The charms of Abovce

THIS postcard of the small village of Abovce is a good illustration of what is so interesting and charming about these old pictures, since the postcards of country settlements show not only how the villages looked when the ohoto was taken but also perspectives from decades earlier. The looks of villages and towns back then did not change as quickly as they do now. Thus it can be said that viewing this picture of Abovce as it looked shortly before World War I can be considered like seeing the village as it was in the second half of the 19th century – and very probably as it was earlier too.

13. dec 2010
Artists from the V4 region dominate Tabačka's programme

Košice – a V4 crossroads

THE VISEGRAD exchange does not limit itself to ministerial and diplomatic bureaux: in the eastern Slovak town of Košice, the European Capital of Culture in 2013, for example, it even flourishes in such unusual settings as tobacco factories, churches or swimming pools.

13. dec 2010

Poland

Capital: Warsaw Area: 312,685 sqkm Population: 38.2 million* Population by ethnic composition: Poles (circa 97.8%); other groups (circa 1 million people): Germans, Ukrainians, Belarussians, Lemkos, Roma, Lithuanians, Slovaks, Russians, Jews, Armenians, Tartars, Czechs and Karaims Currency: Polish złoty Average monthly wage in 2009: €785.75** Real GDP growth rate: 1.7 percent (2009), 3.5 percent (estimate for 2010)* GDP per capita in Purchasing Power Standards in 2009 (EU-27 = 100): 61* Unemployment rate: 9.7 percent (November 2010)*

13. dec 2010
WikiLeaks founder Julian Assange

Bratislava cables revealed by WikiLeaks

THE FIRST wires from the US Embassy in Bratislava have surfaced after a cache, believed to contain around 250,000 American dispatches, was obtained by whistleblowing website WikiLeaks. However, the cables, dated August 2008 and concerning the armed conflict between Russia and Georgia, were published neither by WikiLeaks nor by one of the five world media organisations that have been given access to all the messages. The publisher was instead a Moscow-based magazine, Russian Reporter.

13. dec 2010

Gambling law revised

THE LAW on gambling will lose the special category of ‘casino in a recreational complex’, after an amendment to that effect was approved by parliament on December 8.

13. dec 2010
SkryťClose ad