OTP bank's final offer to be judged within week

The Hungarian OTP bank last week submitted a revised bid for the state's 70% stake in the IRB financial house; the Privatisation Ministry has called a committee to judge the bid, and should issue a decision in the first week of October.

In a related move six interested parties were given permission to move to the second round of a tender for state bank Istrobanka, five of whom decided to continue - the Austrian Bawag, Volksbank and Bank Austria, the Italian Unicredito and the French Societe Generale. The American Citibank dropped out of the hunt.

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News digest: Lockdown effects not fully seen yet, Bratislava shuts schools

Lockdown reduces mobility and new cases, but not hospitalisations. Cabinet approves €500 vouchers for seniors.


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Some schools in Slovakia have been closed.

Some schools in Bratislava will switch to remote learning

Only kindergartens and grades one through four will remain open.


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Finance Minister Igor Matovič presented his latest idea to boost vaccination rate and help businesses hit by the pandemic.

Finance Minister Matovič has a new way of boosting vaccination: €500 vouchers

The vouchers should be given to old people who decide to get vaccinated, to be subsequently spent on goods and services.


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