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ECONOMIC BRIEFS

Slovakia's foreign debt down $276 million in November

The gross foreign indebtedness of the nation amounted to $11.909 billion at the end of November 1998, down $276 million in comparison with October. The foreign debt burden per capita fell to $2,211, while one month earlier it sat at $2,262. These figures were released by the National Bank of Slovakia on February 9.

Total gross mid- and long-term foreign liabilities accounted for $6.989 billion within the overall structure of the Slovakia's foreign indebtedness. The total short-term debt equaled $4.920 billion at the end of November. The share of short-term debt on the total Slovakia's foreign debt increased by 0.45% to 41.32% during the monitored period.

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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.

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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).