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Slovak crown wobbly, banks close positions

Banks began closing their forex market positions on Friday, amid uncertainties over what the weekend would bring. The Slovak crown depreciated from its initial level of 43.40/43.45 SKK/EUR to 43.55/43.60 SKK/EUR. Further developments on the forex market will depend on the mood on US markets, which will reopen after the September 11 terrorist attacks for the first time on Monday, said ING Bank dealer Zuzana Rafajová. She said she expects the local currency to move around 43.40/43.70 SKK/EUR at the beginning of next week.

Top stories

Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak