Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Euro adoption more likely, analysts say

FOLLOWING a decrease in September, the probability that Slovakia will adopt the euro in January 2009 was up slightly in October, according to a monthly survey of analysts.

The survey conducted by the Institute for Economic and Social Reforms (INEKO) non-governmental organisation and the Club of Economic Analysts put the likelihood at 71 percent, following a drop of six percentage points in September to 70 percent.

The October increase is the result of the cabinet-approved state budget draft for 2008, which meets euro adoption criteria, SITA wrote.

"However, this growth in probability was hampered by plans for the huge highway construction projects using public-private partnerships that the government is insisting upon, despite the cautionary stance of the Finance Ministry," said INEKO analyst Peter Goliáš.

Top stories

Bratislava has already forgotten the Pressburg ghost

The burnt prints of the penitential reeve’s right hand made Bratislava famous over almost all Europe. Now the story has been almost completely forgotten.

The wooden box with burnt prints.

Product quality laid on the EU table

Concerns over the different quality of same brand products are confirmed, but will anything change soon?

Will shopping in supermarkets soon become a thing of the past?

Everton beats Ružomberok Video

But the victory was narrow.

Peter Maslo (front) and Davy Klaassen (back)

Foreigners: Events in Bratislava Video

Tips for performances and other events in the capital between July 28 and August 6, including concerts, parties, festivals, classical music, inline skating, exhibitions and more.

Folk Painting Vajnory, Stamp