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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.

Top stories

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Austria launches random checks close to Slovakia’s borders

Refugees are using new smuggling routes, according to the Austrian minister.

Illustrative stock photo

Unemployment rate continues to decline

The still steeper fall in unemployment could be curbed by the type of jobseekers, analysts opine.

Carmakers have already complained about the lack of qualified labour.

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.