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ECONOMIC BRIEFS

Slovak 1H98 current account deficit hits $1.1 billion

Slovakia's current account deficit was $1.0946 billion in the first half of 1998, compared to a 1.0063 billion deficit in the same period last year, the Slovak National Bank (NBS) said on September 24. The greatest changes were recorded in services, which went from a $13.1 million shortfall in 1H97 to $112.4 million this year, and in investment income, which lurched from a $58.9 million surplus in 1H97 to a $71.7 million deficit in 1H98.

Top stories

North-south gas interconnection moves closer

Slovak gas projects will receive finances from the European Union.

Gas transmitter Eustream

Stopping extremism before it starts

Schools in Slovakia must do a better job of developing their students’ critical thinking skills from an early age, US envoy says.

Danko’s popularity keeps falling

The SNS chair suffers mostly because of the controversial military promotion and his following actions.

Lack of qualified labour needs to be addressed

After visiting carmaker PSA in Trnava, PM Fico says that people do not want to work even for more than €1,300.

PSA Groupe Slovakai in Trnava