Railways asking for another state guarantee

The ŽSR state railways firm is requesting another Sk10.5 billion ($218 million) in state-guaranteed credit to pay down debt and cover operating costs. According to figures from September 28, 2001, the state is already backing Sk120 billion in loan principal and Sk33 billion in interest on the guarantees it has extended to various companies.

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

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