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BUSINESS BRIEFS

Slovakia back to investment grade

The Standard & Poor's ratings agency on October 30 raised Slovakia to a rating of A minus, returning the country to investment grade three years after it was dropped in 1998, on the basis of its progress in European Union entry negotiations, revitalisation of the bank sector, stabilisation of the economy, interest rates and inflation.

The investment grade puts Slovakia back on par with regional neighbours the Czech Republic and Hungary, and ahead of Poland. Financial market players were caught off-guard by the move, saying they had expected agencies would wait until September 2002 elections before taking a serious look at the country.

Top stories

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.

Roma civil patrols will continue

The Interior Ministry allocated €10 million for the project.

Roma patrols in Veľká Lomnica.