BUSINESS BRIEFS

World Bank lends Slovakia $23.5 million

THE WORLD Bank has approved a credit line of $23.5 million for the Slovak Republic. The finances will help the Slovak government reform the social security system. Under this system, the current one-pillar pension system will be reformed into a scheme with several financing pillars. The project also should improve the collection and administration of social security contributions and strengthen the capacities of the Ministry of Labour, Social Affairs, and Family, social security provider Sociálna Poisťovňa, and the National Labour Office. Money from the credit line will be released gradually over a five-year period ending on December 31, 2007.

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News digest: Nationwide testing gained contours

The Defence Ministry reveals details on upcoming testing, removal of the STU rector was far from normal. Take a look at our latest news digest.

President Zuzana Čaputová meeting with scientists and experts on epidemiology, infectology and medicine.

Senate voted STU rector down. Police called to the uni as well

The session of the Academic Senate proposed that Rector Fikar be dismissed.

Miroslav Fikar

Dozens of people die of COVID every day. A drop not expected for at least two weeks

People who would otherwise survive may die of other serious diagnoses due to the epidemic.

Illustrative stock photo

Slovakia orders a curfew and embarks on its COVID experiment

High turnout in testing in four northern districts, decision awaited on extending the project to the nation. Prison for a prominent prosecutor and parliament's speaker injured.

Waiting for the results of COVID tests during the pilot phase of the nationwide testing in the town of Nižná in Orava, northern Slovakia.