Spectator on facebook

Spectator on facebook

Slovakia to increase development aid

Slovakia wants to increase the amount of development aid it provides in the years ahead, Foreign Affairs Ministry State Secretary Oľga Algayerová told journalists on October 2 in Bratislava. The increases should reach 0.17 percent of Slovakia's GDP by 2010, and 0.33 percent by 2015.

The country currently allocates only around 0.1 percent of its GDP for development-aid projects, which represents some Sk1.68 billion (nearly €50 million) a year. Development aid is a strong pillar of a country's foreign policy, according to Algayerová.

"We focus on the West Balkans, Ukraine, Belarus and Afghanistan," she specified. TASR

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

Top stories

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo