Spectator on facebook

Spectator on facebook

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.

Top stories

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico

Ecocide! How Slovakia destroys its national parks

Officially, the number of forests in Slovakia keeps growing but satellite shots of the national parks evoke horrors.

logging at Muránska Planina