Spectator on facebook

Spectator on facebook

ECONOMIC BRIEFS

NBS governor in US with special task

Vladimír Masár, the National Bank of Slovakia (NBS) Governor, arrived in Washington, D.C. on October 2 to take part in the annual International Monetary Fund (IMF) and World Bank conference. Masár maintained that along with solving recent problems with the Asian and Russian crises, which are included in both IMF and WB programmes, he will have to face a specific task.

"Many investors and bankers will be interested in the latest NBS decision, which needs to be cleared up," Masár said regarding the cancellation of fluctuation band of the Slovak crown. "Our strategy and aims and how we want to keep the currency stable need to be explained. NBS still aims to reach the goals set by legislation, which is the stability of the currency," Masár said.

Top stories

Proxy for Roma criticises minister Kaliňák for ethnical and group discrimination

The government proxy slammed Interior Minister Robert Kaliňák for the draft law on repressing criminality in Roma settlements, for populist discrimination and preferring repression to prevention.

Roma communities, illustrative stock photo

Slovak racer Svitko finished at Dakar Video

After a serious fall in the tenth leg, Slovak motorcyclist Štefan Svitko resigned from the 40th year of the Dakar Rally due to pain in his upper body.

Štefan Svitko

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.

Slovaks in the UK do not have to fear Brexit

Brexit itself should not impact the position of Slovaks in the UK, an interim agreement between the European Union and Great Britain suggests.

Brexit, illustrative stock photo