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ECONOMIC BRIEFS

Eurobond issue may be increased again

Slovakia will decide within the next two weeks whether to further increase its recent euro bond issue, Finance Minister Brigita Schmögnerová said on July 6.

In June Slovakia launched a 350 million euro ($357.5 million) bond issue priced to yield 420 basis points over benchmark German Bunds, later increasing the issue by another 50 million euros with a 415 basis point spread. Schmögnerová told journalists that while the government had not yet made a decision on increasing the issue, conditions were now more favourable than they had been in June. The original issue, she added, was currently trading with a spread below 400 basis points.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).