NBS expects monetary stability

The National Bank of Slovakia yesterday presented its monetary programme for 2002, including a GDP growth forecast of 3.5 to 3.8%, inflation from 3.5 to 4.9%, and a current account balance deficit of 7.9% of GDP. Central bank governor Marián Jusko said he saw moderate risks in strong expected growth in consumer demand and real wages, but added that the currency should be relatively stable against the euro as long as domestic politics and the world economy produced no real surprises. Jusko said the bank would be watching wage growth, the use of privatisation revenues, fiscal policy, global prices of raw materials and world economic activity.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

No test, no work. Employees will have to take paid or unpaid leave

Those who will be quarantined with a positive test result will be entitled to pandemic sick leave.

Illustrative stock photo

He wore his mask with his nose uncovered. Kotleba is COVID-19 positive

Three more MPs have reportedly tested positive so far.

Marian Kotleba in parliament with his mask under his nose

Curfew and closed schools. Slovakia goes into a mild lockdown this weekend

Nationwide testing will follow, accompanied by another curfew.

Nationwide testing - an ambitious plan with an uncertain result

Antigen tests to be used work on patients with symptoms.