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ECONOMIC BRIEFS

Slovak crown steady, seen firmer on domestic buying

The Slovak crown is steadily firming on domestic interest, rising to 10.8% below the central parity of the currency's former mark/dollar basket on October 14. Dealers predicted that when domestic clients began to realize that crown interest rates were more interesting than mark rates, they would sell their mark positions and buy crowns, strengthening the currency further. The central bank abolished the plus/minus 7.0 percent band around the mark/dollar basket on October 1 and floated the currency after depreciation pressure came to a head following a general election in late September.

Top stories

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.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

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).