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ECONOMIC BRIEFS

Slovak companies register receivables of 318 billion Sk for 1H98

Slovak corporates registered a massive 318 billion Sk ($9.1 billion) in receivables for the first half of 1998, the Statistical Office said on October 20. The figure is the result of a permanent increase in liabilities beyond the due date for their payment: these liablities now sit at 444 billion Sk ($12.1 billiion). The receivables figure represents a 12% increase since the beginning of the year, while liabilities have been steady for six months. Receivables in arrears of their payment date have increased 11.2% since January 1, while liabilities in arrears have risen 4.1% in the same period.

Top stories

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.

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Before her, only six Slovak men had managed to complete the difficult swim.

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PM Fico wants Education Minister’s resignation

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Education Minister Peter Plavčan