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Fears over bankruptcy wave disappear

Slovakia registered only 301 bankruptcies during the first half of this year after 638 in 2000, quieting fears of a wave of business failures following an amendment to the Bankruptcy Law last year.

The amendment ostensibly cuts down on the time taken for bankruptcies and gives creditors more powers in bankruptcy procedures.

Institutions such as the World Bank and IMF had criticised the length of time taken for bankruptcies to go through courts before the amendment was introduced.

Top stories

Slovak AeroMobil starts taking pre-orders for its flying car Photo

The company is losing a key figure – inventor Štefan Klein.

Prince Albert II of Monaco (r) and Juraj Vaculík, CEO and co-founder of AeroMobil, unveiled the latest prototype of a flying car in Monaco on April 20.

Legitimising fake news

One of Slovakia’s media schools has invited a well-known conspiracy theorist to an academic conference. What does this say about the state of the Slovak media?

Tibor Rostas

Suicide game does not exist and visa-free regime for Ukrainians is not a lie

The Slovak Spectator brings you a selection of hoaxes from the past two weeks.

There is no computer game that makes people commit suicides.