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BUSINESS SHORTS

Key interest rates on hold in October again

THE NATIONAL Bank of Slovakia (NBS) has left the key interest rates unchanged for the sixth month in a row.

After the bank board's regular session on October 30, the two-week repo rate remains at 4.25 percent, the NBS told the SITA newswire. The overnight rate for refinancing operations stays at 5.75 percent, and the overnight rate for draining excess market liquidity remains at 2.25 percent.

NBS Governor Ivan Šramko said it is not demand but solely cost factors that are creating the current growth in prices, backed by the rising prices of crude oil and foodstuffs.

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PM Fico wants Education Minister’s resignation

Education Minister Peter Plavčan has refused to leave, the Prime Minister demanding his resignation.

Education Minister Peter Plavčan

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Southern Slovakia will face heat again

The first-level warning is issued for the 16th and 17th.