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BUSINESS BRIEFS

Fiscal deficit decrease expected

THE NATIONAL Bank of Slovakia (NBS) expects a gradual decrease of the fiscal deficit to two per cent of the gross domestic product by 2005. The central bank writes in its mid-term prognosis that the state budget deficit would be Sk26 billion and the public finance deficit would stay at Sk27 billion in 2005.

Top stories

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

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo