Spectator on facebook

Spectator on facebook

ECONOMIC BRIEFS

Disunity of fiscal and monetary policy hurts Slovakia

"The poor coordination of fiscal and monetary policies is the main drawback of the current monetary policy of the National Bank of Slovakia (NBS)," said Bernard Naudts of the European Commission's General Directorate for Economic and Financial Affairs. The unfavourable situation in the banking sector is also a serious problem, according to Naudts. "The big and most important banks are still under state ownership and have troubles with bad debts. These force them to increase interest rates if they want to stay profitable, and this hampers the NBS in carrying out its monetary policy," said Naudts.

Top stories

Legitimising fake news

One of Slovakia’s media schools has invited a well-known conspiracy theorist to an academic conference. What does this say about the state of the Slovak media?

Tibor Rostas

Suicide game does not exist and visa-free regime for Ukrainians is not a lie

The Slovak Spectator brings you a selection of hoaxes from the past two weeks.

There is no computer game that makes people commit suicides.

It’s not easy being an ‘alien’ in Slovakia

Are Slovaks scared of foreigners? The stories of those who are trying to make their homes here suggest that ignorance and bureaucratic inertia, rather than fear, cause more problems.

Dealing with state offices may be difficult and time-demanding.

President Kiska uses train for first time Photo

After criticism from coalition MPs for flying and a troublesome car trip, Slovak President Kiska to commute to Bratislava by international train, boarding it in his hometown of Poprad.

President Kiska gets off the IC train in Bratislava.