Spectator on facebook

Spectator on facebook

Central bank increases key rates 0.5 percent


YESTERDAY the top board of the Slovak Central Bank (NBS) increased the basic interest rate 0.5 percent to 4.0.

The bank said it increased the rate as a preventive measure against the growth of inflation, SME wrote.

Because of the increase, commercial banks' interest rates on loans and deposits are expected to go up.

NBS Governor Ivan Šramko also did not rule out that the NBS would increase the key rates again by the end of this year.

Top stories

Employee of the ministry’s agency accused of corruption

If found guilty, the employee of the Agricultural Paying Agency may spend up to eight years in prison for taking a bribe.

Sagan wins first race of 2017 Video

The Slovak cyclist triumphed at the second race of the Belgian classics.

Peter Sagan

Queues rigged at foreigners’ police, say clients

Not our problem, say police, who blame ‘cultural specifics’ and ‘habits’ of foreigners.

Queue in front of the foreigners' police department in Bratislava.

Legendary Luna bar to reopen Photo

The programme in the bar will focus on retro and oldies.

Luna Bar in the Kyjev Hotel