SaS submits criminal complaint over Grandwood stimuli

The opposition Freedom and Solidarity (SaS) party has filed a criminal complaint over the investment stimuli granted to Košice-based company Grandwood. The members of the party claim that the investor submitted incorrect and incomplete information about its previous activities, as well as incorrect references and inaccurate information about its main suppliers, the SITA newswire reported on May 3.

6. may 2013

EC predicts 1-percent growth of Slovak economy

Slovakia’s economy could rise by 1 percent this year, according to the spring prognosis of the European Commission. According to the actual numbers, the EC decreased its February prediction by 0.1 percentage points. In 2014 the rate of economic growth should stand at 2.8 percent, down by 0.1 percentage points compared to February, the SITA newswire reported on May 3.

6. may 2013

Police find abducted Italian national in Slovakia

Slovak police located an Italian national who was allegedly abducted by four men and taken to Slovakia. Two of the men are currently facing 25 years to life imprisonment, while the other two up to 12 years in prison, the TASR newswire reported.

6. may 2013

More tax returns than last year

SLOVAK tax offices have already scanned all the tax returns submitted by Slovak tax payers for the 2012 income tax period, the Financial Administration reported on April 30.

6. may 2013

Institutions and associations in the insurance sector

-Ministry of Finance, www.finance.gov.sk -Slovak Insurance Association (SLASPO), www.slaspo.sk-Slovak Insurers’ Bureau (SKP), www.skp.sk-Slovak Association of Insurance Mediators (SASP), www.sasp.sk-Association of Financial Agents and Advisers (AFISP), www.afisp.sk

6. may 2013

Man buried car to make claim

IN A FAILED attempt at insurance fraud, a 31-year old man buried his BMW X5 in a garden and reported it stolen. His plan, driven by his inability to repay his loans, was to make a claim with the insurance company and dismantle the car to sell it for parts. However, his plan failed and he now faces fraud charges, the SITA newswire wrote in early April.

6. may 2013

Slovak National Gallery plans to continue overhaul

THE SLOVAK National Gallery had a busy and productive year in 2012. Despite of closing down its permanent exhibitions in one of its main buildings – the Water Barracks / Vodné kasárne – and offering fewer shows in the other main structure, the Esterházy palace, the gallery recorded a larger profit than in the previous year.

6. may 2013

Exercise: Fraud on the rise, say insurers

This exercise is linked to the article: Fraud on the rise, say insurers.

6. may 2013

Opposition divided over NKÚ

THE OPPOSITION remains divided over choosing a candidate for the chair of the Supreme Audit Office (NKÚ).

6. may 2013
The old-age pension scheme will change, again.

EC criticises Slovakia for old-age benefits

EVERY senior living in Slovakia whose pension does not exceed 60 percent of the average monthly wage is entitled to a special old-age benefit, according to a law passed in 2006. Yet pensioners who move to another state of the European Union or the European Economic Area lose their eligibility for the benefit, the so-called Christmas allowance, regardless of how many years they have worked in Slovakia. Because of such practices the European Commission has referred Slovakia to the Court of Justice of the European Union (CJEU), saying that it is breaching “its obligations under EU law on social security coordination”.

6. may 2013

Quote of the week

“I do not have a guilty conscience concerning this.”

6. may 2013
(L-R) Robert Roth (Orestes), Táňa Pauhofová (Electra) and Ján Koleník (Aegistos), in Oresteia.

Blood and guts in ancient drama

FACED with the dilemma of what to do with a bus full of theatre theoreticians, reviewers, journalists, artists and dramatic advisers, touring Europe in search of great drama and due to visit Bratislava, the Slovak National Theatre (SND) decided to push the boat out and stage a work of classical Greek theatre, the tragedy Oresteia, with English subtitles.

6. may 2013
Dobročský prales, the Dobroča primeval Forest

Slovaks celebrate forests primeval

THIS YEAR Slovakia is celebrating the 100th anniversary of the creation of two of the country’s best known primeval forest reserves. The jubilee will be noted over the course of the year with many events including Forestry Days, the Environfilm movie festival and World Environment Day.

6. may 2013

Health-care sector debt rises

HEALTH CARE remains one of the most problematic sectors in the national economy. The sector’s debt has risen year-on-year by €62.8 million to €213.3 million, the SITA newswire reported, quoting a document about health-care sector debt, which the cabinet acknowledged on April 30.

6. may 2013

Insurers report higher corporate interest

FIRE, flood or IT failure may bring down, or at least cause significant problems to, an otherwise financially healthy company. Thus insurance companies believe that even the current economic crisis should not be a reason for entrepreneurs to leave their business uninsured. Insurance companies in Slovakia report increased interest in insurance of assets, but say liability insurance is growing too.

6. may 2013

Countrywide Events

Western SLOVAKIA

6. may 2013
Gender-blind insurance policies have arrived.

Gender equality rules force insurance changes

WHILE MANY agree that gender equality is a laudable goal, particularly in the workplace, many insurance companies believe that, when calculating the prices of their policies and benefits payouts, not taking gender into consideration goes against basic insurance maths and undermines the underlying principles of the sector. Nevertheless, insurers in Slovakia have bowed to pressure from Brussels, and have re-designed their insurance products to be unisex. Some of them even used this opportunity to make their products more attractive.

6. may 2013

Over 7% of cars have no insurance

MORE than 183,000 motor vehicles are not covered by liability car insurance, which is compulsory in Slovakia. The Slovak Insurers’ Bureau (SKP) registered at the end of 2012 a total of 2.355 million insured vehicles; however the total number of motor vehicles in Slovakia based on the statistics of the Interior Ministry is 2.538 million. Thus the number of uninsured vehicles accounted for 7.2 percent of all registered vehicles. In the previous year 171,000 vehicles were without liability insurance, the SITA newswire wrote.

6. may 2013
Tasters at work at the CMB in 2012.

Slovak capital hosts world wine contest

SLOVAKIA is not particularly well known abroad for its wine production, but this is mainly because most of it is consumed locally. Quality has been improving in recent years, and Slovak wines achieved remarkable results at the Viniales Internationales Paris 2013 competition: with nine gold and 38 silver medals, they outperformed even those of France. In mid May Slovakia has an exceptional chance to further improve its image as a wine-producing country when its capital city, Bratislava, hosts the 20th Concours Mondial de Bruxelles (CMB) 2013, one of the world’s most prestigious international wine competitions.

6. may 2013

Memories of 'Golden Boca'

DEEP IN the forests of the Low Tatras lies the municipality of Nižná Boca. Today, it is best known as the starting point for hiking tours into the Nízke Tatry / Low Tatras national park, but in the past it was famous for an entirely different activity.

Branislav Chovan 6. may 2013
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