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ECONOMIC BRIEFS

M2 reaches record level as of July

The M2 aggregate, an indicator which measures the money supply, in July reached the highest level of monthly growth it has recorded this year, increasing 9.9 billion Sk ($282.9 million). On a year-on-year basis this represents a 9% growth. The total volume of the M2 aggregate, as of the end of July, reached 460.9 billion Sk ($13.17 billion). July's M2 growth was sparked mainly by foreign loans taken by the government. In July, net loans to the government grew by 10.5 billion Sk ($300 million), to 114.4 billion Sk ($3.27 billion).

Top stories

Robert Fico has lost the electoral magic he once had Plus

But his party can still bounce back if they do the things that make parties resilient.

Robert Fico claims that Smer won the regional elections because it is the party with the most chairs in regional councils.

New legislation protects creditors from unfair mergers

Fraudulent mergers were a legal business model enabling unfair businesses to get rid of debts

Tightening conditions when merging companies will increase the red tape of lawful mergers and prolong this procedure.

Fifty Shades of Grey: Slovakia's Olympic outfits will not stray from tradition Photo

The official outfit for Slovak athletes at the Pyongyang Olympic Games has been presented; the Slovak Olympic Committee (SOV) is not satisfied.

Olympic outfit of Slovak athletes

Blog: How long until a robot takes your job?

Are robots really taking over? What are the benefits and what are the risks?

Illustrative stock photo