Spectator on facebook

Spectator on facebook

Slovak crown gets boost

The SITA newswire reports that the Fitch rating agency has revised Slovakia's credit outlook upward from stable to positive for long-term foreign debt, indicating Fitch's opinion that Slovakia will probably meet the Maastricht criteria for euro adoption by January, 2009.

Following the announcement Slovak currency strengthened significantly Monday afternoon. "The crown consequently broke the 33.00 SKK/EUR barrier, when its exchange rate against the euro reached 32.99 SKK/EUR," OTP Banka's Eduard Pracko said.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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

Heavy rains flood the Tatras Video

People had to be evacuated and several hiking routes had to be closed.

Stará Lesná

Trump plays with the world like a spoiled child

The White House is now broadcasting its most spectacular soap opera, beating and overcoming those of sundry leaders from different continents and different times.

Donald Trump

Last Week in Slovakia: People marched for LGBTI rights in Bratislava Audio

Listen to all the headlines from The Slovak Spectator's news podcast.

Rainbow Pride in Bratislava

Government has no plans to officially commemorate the victims of the 1968 invasion of Czechoslovakia

Presidents of the Slovak and Czech Republics will take a train ride to mark the founding of the Czechoslovak State.

Law Faculty of Comenius University in Šafárikovo Square, where the civilian killings by foreign armies on August 21, 1968, were most concentrated.