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Growing Slovak indebtedness not a problem

Symsite Research has determined that the volume of loans in Slovakia is the lowest of the Visegrad countries (Hungary, Poland, the Czech Republic and Slovakia). The research indicates that Slovakia's share of loans when compared to the country's GDP is 15.5 percent, less than one-third of the eurozone average of 55.1 percent.

These findings contradict a report issued by the National Bank of Slovakia in 2006 that warned of the dangers of growing indebtedness in Slovak households.

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

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