Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Central bank keeps interest rates unchanged

THE NATIONAL Bank of Slovakia (NBS) bank board kept all key interest rates unchanged at its regular monthly monetary meeting on May 29. Their decision leaves the key two-week repo rate at 4.25 percent, while the overnight rates remain at 5.75 percent for refinancing operations and 2.25 percent for draining excess market liquidity, Jana Kováčová of NBS told the TASR news wire.

In March and April of this year, the central bank lowered interest rates twice after leaving them untouched since February 2005. In March, the key two-week repo rate and overnight rates for refinancing operations were reduced by 0.25 percentage points, while the rate for draining excess market liquidity was reduced by 0.75 percentage points. In April, all three rates were cut by 0.25 percentage points.

Top stories

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4