Spectator on facebook

Spectator on facebook

ECONOMIC BRIEFS

Finance Minister expects Slovak crown to strengthen

Finance Minister Brigita Schmögnerová said on July 13 that she expected the Slovak crown to firm in the second half of the year and continue its strength into 2000. The minister did not give a specific forecast for the currency.

The crown fell sharply in the spring on uncertainty ahead of the May presidential election which was eventually won by pro-Western candidate Rudolf Schuster. The currency recovered after a series of central bank interventions and after the government launched a package of austerity measures aimed at cutting fiscal deficits.

The minister said that the government hoped to keep the entire public sector deficit - which includes the state budget, municipalities and other public sector organisations - between three and four percent of gross domestic product this year.

Top stories

Old Market Hall will host Christmas Bazaar on Sunday

One of the events which presents diplomatic communities residing in Slovakia to the wider public is the traditional Christmas Bazaar, which focuses on gastronomy and charity.

Christmas Bazaar 2016

Messerschmidt created most of his character heads in Pressburg

Bratislava will name a square after the prominent artist

A replica of one head from the series Character Heads by F. X. Messerschmidt; ownership of the Slovak National Gallery

Blog: The wanderer returns home

The places you visit, people you befriend, experiences that leave their mark, they all become a part of you.

Go east for real morality, Jean-Marc Barr says Photo

The French American actor/director, who plays in a Slovak co-production film, said during a recent visit to Bratislava that eastern Europe, and other eastern countries still have what America has already and what…

Jean-Marc Barr during IFF Bratislava 2017