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ECONOMIC BRIEFS

Slovakia says two options for Slovnaft stake

Slovak Finance Minister Brigita Schmögnerová said on April 18 she would hold further talks over a controversial EBRD stake in Slovakia's Slovnaft oil refiner, but promised that the issue would not be resolved before the end of the week.

The European Bank for Reconstruction and Development (EBRD) took a 10.5% stake in Slovnaft in 1995 by buying half the refiner's $113 million issue of global depositary receipts. The EBRD effectively paid 1,000 crowns per share and was angered when the Slovak state privatisation agency, the National Property Fund (FNM), soon afterwards sold 39% of Slovnaft to a management-led group for an implied price of 156 crowns. The EBRD wants the FNM to buy back its stake.

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Danko’s office opens MPs’ letters

OĽaNO wants Danko to step down as parliament’s speaker after what they call an unprecedented measure.

Igor Matovič (l) and Ján Budaj (r)

Government ignores anticorruption demands Photo

Protesters gave the government two weeks to fulfil their demands.

Blog: We can always count on the nerds…

Brands need to focus on doing good and that this approach is the only option if they want to stay relevant, credible and even profitable, says Thomas Kolster.

Thomas Kolster speaking

Drivers in Bratislava should prepare for worse traffic

Dissatisfied taxi drivers will go on a protest ride from Petržalka to Lamač on Wednesday.

Taxi drivers protested against Uber already in 2015.