Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

EBRD approves part of SE credit

The European Bank for Reconstruction and Development (EBRD) has approved a credit line for power monolith Slovenské elektrárne (SE).

The project, approved by the bank November 15, gives a guarantee for a seven-year credit up to $75 million and a five-year credit worth $90 million, to be covered by long-term contracts SE has for electricity supplies for Slovalco. With Norsk Hydro the EBRD holds a majority stake in the Slovak smelting company.

Top stories

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska