Spectator on facebook

Spectator on facebook

IN SHORT

EC expects Slovakia to meet euro-adoption criteria

THE EUROPEAN Commission (EC) presented a progress report on the attempts of EU newcomers to meet the criteria for adopting the euro, claiming that Slovakia and its neighbour, the Czech Republic, look like they will meet the new criteria of the Stability and Growth Pact, approved by European leaders at the Brussels summit last March.

Commissioner Joaquin Almunia noted, however, that Slovakia's general government budget expenses represent a mid-term risk in meeting the euro criteria, the SITA news agency reported.

The report says Slovakia's indebtedness is below the 60-percent of GDP limit set by the Maastricht criteria and will remain below that level for the next two decades. Nevertheless, the EC called on Slovakia to work hard to consolidate public finances in the medium term, to avoid the risk of debt expansion.

The EC said it was generally pleased with the "optimistic macroeconomic performance" of the Slovak economy.

Top stories

EU roaming fees to end on June 15 – in theory

Slovak customers still waiting to find out how mobile operators will implement change.

Archaeologist pieces together early history of what is now western Slovakia Photo

For an archaeologist, the most important thing is his most recent rare discovery, says Július Vavák.

Students visited Svätý Jur as part of their European Wanderer project

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár