BUSINESS SHORTS

S&P positive on draft budget

STANDARD & POOR'S ratings agency has said that the government-approved draft state budget for 2007 is a positive signal that suggests the Slovak cabinet wants to fulfill its commitment to adopt the euro in 2009 as originally planned.

The agency warned, however, that risks to public finances remain, the Sme daily wrote.

"Should Slovakia fail to achieve the goal of adopting the euro because of problems in public finances, it could lead to pressure to lower the country's ratings," S&P analyst Kai Stukenbrock said.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Murder of journalist: How did Ján and Martina die?

Journalists working with Ján Kuciak described how he and his fiancée, Martina Kušnírová, were killed.

People still remember Ján Kuciak and Martina Kušnírová.

The murder of journalist changed Slovakia, but not all of it

There are still people who continue as if it’s business as usual.

Illustrative stock photo

What are the best employee benefits? Ask your employees

Salaries and a good company atmosphere, not benefits, keep people loyal.

Parking as a benefit it popular among employees.

UPDATED: Protest gatherings will return to Slovakia one year after the murders of Kuciak and Kušnírová

The gatherings will be held under the slogan “We won’t forget! We will continue!”.

November 16 gathering in Bratislava