Slovak nouveau riche

"Last year there were 1,226 multi-millionaires and billionaires in Slovak, and 46 people had more than Sk100 mn ($2.74 mn) in one account," said Jozef Danco, an economic advisor of the Democratic Party, for the daily Národná obroda on October 15. "The industrial policy of the government, accepted in 1995, was an attempt to apply its own transformation rules, which were to enable the tunneling of former state companies." The result of this policy, Danco said, is the current high number of multi-millionaires and billionaires.

Top stories

News digest: Hospital doctors resign en masse

Matovič confidence vote delayed until next week. Cities cut back, tourist sites go dark as authorities look to save energy. Learn more in today's digest.


7 h
Illustrative photo, elections.

How to vote for your local councillors

Foreigners with permanent residence can vote.


13 h
Photo of Ukrainian high-school graduates by Michal Burza won the Current Affairs category as a single photo.

He took the best press photo of the year: we had no idea what terrible things had yet to happen

Photos from Ukraine as well as from Luník IX (Košice) awarded in the annual press photo competition. Winning photos on display in Bratislava's centre for another month.


16 h
SkryťClose ad