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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

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.

Focus Poll: Government loses support

Extremist party led by Marian Kotleba would have come third

The ruling coalition (L-R: SNS-Andrej Danko, Smer-Robert Fico. Most-Híd-Béla Bugár) would have problems forming a cabinet.

Bratislava bus station is moving into Bottova Centrum Photo

If the temporary station gets all the construction approvals, it may start operation on October 1.

The future temporary bus station on Bottova Street in Bratislava