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Deposit protection to be set at 90%

A new law on deposit security, approved in late July by cabinet and set to take effect January 1 2002, will reduce from 100 to 90% the share of client deposits that will be protected by a deposit fund in the case of bank failures.

The Finance Ministry had argued that the protection level should be kept at 100%, but Deputy Prime Minister for the Economy Ivan Mikloš said that the 100% cover ran the risk of 'moral hazard' - people taking greater risks with unstable banks because they knew their deposits were completely protected.

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EU roaming fees to end on June 15 – in theory

Slovak customers still waiting to find out how mobile operators will implement change.

Archaeologist pieces together early history of what is now western Slovakia Photo

For an archaeologist, the most important thing is his most recent rare discovery, says Július Vavák.

Students visited Svätý Jur as part of their European Wanderer project

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár