Income Tax Act amendment showered with criticism

A NUMBER of institutions and organisations have expressed their discontent with measures proposed within the amendment to the Income Tax Act, which the Finance Ministry has submitted for interdepartmental review. The ministry has received a total of 620 comments, including 283 essential proposals. Apart from state and public institutions, the critics include employer commercial, business and professional organisations.

31. jul 2014

Court cuts sentence for former SWAT team officer for robberies

THE BANSKÁ Bystrica District Court reduced from 13 to 12 years a prison term for former SWAT team officer Miroslav Jacko in connection with armed robberies in the house of the parents of former Slovak national football team player Vratislav Greško and that of lawyer Ján Smetana in 2004 and 2005 respectively.

31. jul 2014

Nesrovnal: I am not leaving SDKÚ, for now

THE SLOVAK Democratic and Christian Union (SDKÚ) candidate for Bratislava mayor and current head of city SDKÚ caucus, Ivo Nesrovnal, does not plan to leave his party for now, he told the TASR newswire.

31. jul 2014

Low mortgage rates make house more accessible

THE AVAILABILITY of housing in Slovakia is increasing, with people motivated to take out mortgages thanks to favourable interest rates.

31. jul 2014

NBS says banks will not be affected by sanctions

NO BANK active in Slovakia will be impacted by the third wave of sanctions the European Union imposed on Russia, the National Bank of Slovakia (NBS) claimed.

31. jul 2014

Police dismiss prosecution at business school

THE POLICE have dismissed second motion filed by former teacher Oto Žarnay in connection with the Business Academy Polárna in Košice, saying there is no reason to launch criminal prosecution.

31. jul 2014

Group charged in corruption affair freed

THE SPECIALISED Criminal Court in Pezinok has released all five men accused in the corruption case that involved prosecutor Michal B. on July 30, claiming it has not been proved the crime had really happened. The verdict is not valid yet since the prosecutor has appealed, the SITA newswire reported.

31. jul 2014

Harvest looks better than last year

FARMERS in Slovakia have already harvested more than two-thirds of cereal grains and 92 percent of rapeseed, the Slovak Agricultural and Food Chamber (SPPK) reported on July 30.

31. jul 2014

Behind the Iron Curtain

A few days before Christmas people are queuing up in front of a grocery store for mandarins. Those who came early enough or know the seller might get the best pieces. Such queuing for food is one of those snapshots of communist regime Slovaks born before the 1980s remember.

30. jul 2014

Economic sanctions against Russia to affect Slovakia

THE THIRD wave of sanctions against Russia, on which the diplomats from European Union’s member states agreed on July 29, will impact the Slovak economy. The country may lose about 2 percent of its GDP in the short term, economists predict. They will affect not only companies exporting their products directly to Russia, but also investors who participate in big state projects in Russia, the public-service Radio and Television of Slovakia (RTVS) reported.

30. jul 2014

Sýkora Gang member sentenced to 12 years in prison

A MEMBER OF the Sýkora Gang, Richard Rakický, will spend 12 years in prison for his membership in the organised crime group and murder of Róbert Pál back in November 2003. The sentence comes following a plea bargain that Rakický, nicknamed Riki, cut with a prosecutor at the Special Prosecutor’s Office.

30. jul 2014

MFA calls on Slovaks to leave Libya

THE FOREIGN Affairs Ministry has warned Slovaks against critical situation in Libya and recommended them either to leave the country immediately, or not to travel there at all.

30. jul 2014

Slovakia’s current account balance at a surplus in May

SLOVAKIA’S current account balance of payments showed surplus again in May. According to the preliminary data of the National Bank of Slovakia (NBS) the balance was €149 million in the black, compared to the revised April surplus of €57 million. During the first five months of the year, the cumulative current account balance of payments reached €699 million, the SITA newswire reported on July 29.

30. jul 2014

Municipal elections to shuffle opposition and alliances

BEFORE the municipal elections slated for November 15, opposition parties are trying to create various alliances that vary from one city to the next, the Sme daily wrote on July 29. Thus far, however, Radoslav Procházka’s Sieť party had avoided forming such alliances.

30. jul 2014

Companies that formed construction cartel will soon be free of ban

THE SIX companies involved in a cartel related to a tender for motorway construction in eastern Slovakia from 2004 have been banned from public tenders for three years, the Public Procurements Office (ÚVO) confirmed on July 29, but the ban for some companies has already elapsed, while others will have to wait only a few more weeks.

30. jul 2014

Four objects found near Old Bridge in Bratislava, one likely a mine

A SONAR inspection has revealed that four suspect objects are buried below the riverbed near the pillars of the dismantled Old Bridge in Bratislava and that one of them resembles a mine, Bratislava Mayor Milan Ftáčnik said July 29.

30. jul 2014

Slovak and Czech export banks to revive “Made in Czechoslovakia” label

AN AGREEMENT signed by Slovakia's Eximbank CEO Igor Lichnovský and Czech Export Bank CEO Karel Bureš in Bratislava July 29 seeks to revive the “Made in Czechoslovakia” trading label and to develop further export opportunities for Slovak and Czech companies.

30. jul 2014

SaS proposes one mandate for MPs

MEMBERS of the parliament should not simultaneously serve as mayors, governors of self-governing regions or heads of public institutions. This stems from the constitutional amendment submitted by Ľubomír Galko, Jana Kiššová, Jozef Mihál, Lucia Nicholsonová, Peter Osuský and Martin Poliačik, all MPs for the Freedom and Solidarity (SaS) party.

29. jul 2014

RegioJet to launch Košice-Bratislava route

THE LARGEST private train carrier in the Czech Republic and Slovakia, RegioJet, will enter the national long-distance transport in Slovakia after it got permission from the state-run Železnice SR (ŽSR) company. The first InterCity trains from Bratislava to Košice will start operating from mid-December, three times a day in both directions.

29. jul 2014

Two woman complain to UN over discrimination

TWO WOMEN have turned to the UN with the complaint against Slovakia over race and gender discrimination, the Slovak Foreign Affairs Ministry informed in its report over individual complaints against Slovakia accepted by the UN human rights committees, the SITA newswire reported on July 28.

29. jul 2014
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