Spectator on facebook

Spectator on facebook


SLSP meeting to approve capital increase

A special shareholders meeting scheduled for December 7 at Slovakia's largest commercial bank, Slovenská Sporiteľňa (SLSP) will be asked to approve an increase in the bank's registered capital by 4.9 billion Slovak crowns from the current 2.1 billion crowns.

The capital increase will come as part of the process of the bank's restructuring. Shareholders should also deal with changes in the company's statutes, changes to the supervisory board, approve issue of the mortgage-backed bonds and approve a report on progress of the bank's restructuring.

The majority shareholder in SLSP is the FNM national privatization agency, controlling 91.33% of shares. The registered capital increase should be carried out through a private subscription without an initial public offer. The subscription should to take place on December 10.

Top stories

Product quality laid on the EU table

Concerns over the different quality of same brand products are confirmed, but will anything change soon?

Will shopping in supermarkets soon become a thing of the past?

Education minister fails to explain distribution of EU money

The opposition parties plan to initiate a no-confidence vote, the second against this minister.

Education Minister Peter Plavčan

Who will stand up for journalists in Turkish prisons?

Journalists living in countries where politicians (for now) do not send people to prison for their opinions, who only sigh in relief that they are lucky this story does not concern them, are deeply mistaken.

Protesters in front of the court building.

EU court’s advocate general proposes to dismiss quota lawsuits

Yves Bot rejects arguments from Slovakia and Hungary on the legality of the relocation plan.

Refugees at the border between Hungary and Serbia.