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BUSINESS BRIEFS

Budget coffers opened for social spending

A meeting of the country's 'economic' ministers has approved the release of 6.5 billion crowns from this year's budget, largely to cover unforeseen social benefits costs, after unexpectedly high budget income and low expenditures in the first half of 2001. The government is still committed to its deficit target of 3.9% of GDP for this year, added Deputy PM Ivan Mikloš.

Top stories

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

Fee has a negative impact

Practice shows that municipalities will require investors to pay the fee for development from their own budgets and at the same time to also cover the so-called induced investments.

Some municipalities want to re-think the fee.

Kysuce inhabitants block busy road in protest

The blockade caused traffic collapse.

Discovery made hard mining work more efficient

Gunpowder was used to blow up the rock for the first time in the Upper Bieber adit for the first time 390 years ago.