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Mortgage lending on the rise in 1H

Slovak banks gave out 2.2 billion crowns ($44 million) in mortgage loans in the first half of this year, after a total of 1.4 billion for all 2000. However, fears remain that the loans will be hurt by the government's plans to lower mortgage subsidies from 5% to 4.5% next year.

Many Slovak banks have said that they see a potential boom in mortgage lending, and in the first half of this year, rates offered by some of the largest banks, including Všeobecná úverová banka (VÚB) have steadily fallen.

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Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.

Slovak water slalom racers won seven medals

Young Slovak talents made the hearts of sports fans race with their performance at the World Championship in water slalom.

Marko Mirgorodský

Austrian Ambassador: The normalisation of our relations has grown

Most people want the EU to exist in the future – we just have to mobilise this majority and not take things for granted, says Austrian Ambassador to Slovakia Helfried Carl in an interview with The Slovak Spectator.

Austrian Ambassador Helfried Carl

Fico for better fish fingers

It’s true that in the past four months, Mr Fico has been comparatively less busy than his Visegrad Group partners.

Austrian fish fingers angered PM Fico.