Spectator on facebook

Spectator on facebook

ECONOMIC BRIEFS

Slovakia gross foreign debt soars in first half of 1998

Slovakia's overall gross foreign debt rose to $11.313 billion as of the end of June from $11.217 billion at the end of May. Slovak foreign debt totalled $9.9 billion at the end of 1997. Combined government and central bank debt totalled $2.286 billion at the end of June after $2.252 billion in May. Foreign debt in the financial and corporate sector rose to $8.981 billion at the end of June from $8.918 billion in May. Municipal debt totalled $46 million after May's $47 million. The central bank said overall short-term gross foreign debt totalled $4.689 billion, up from $4.591 billion in May. Overall medium and long-term debt dropped to $6.624 billion in June from $6.626 billion in the previous month. Slovakia's foreign debt per capita rose to $2,100 from $2,082 in May.

Top stories

Tax evasion still causes problems

The state adopts several measures to curb room for tax evasion, but the effect of some is questioned.

Many firms find taxes too complicated to handle themselves.

Returning to Bratislava: Legendary quartet and legendary composer Photo

In February 2018, Brodsky Quartet will come to the Slovak capital to perform the late quartets of the composer who visited it back in 1796.

Brodsky Quartet performing Shostakovich in Bratislava, 2016.

UPDATED: Slovakia’s Kuzmina wins Olympic gold Video

The Slovak biathlete dominates the 12.5km race at this year’s Winter Olympic Games in PyeongChang.

Anastasiya Kuzmina

Slovakia ends last in its preliminary group Photo

Slovenia defeated the Slovak team on shootouts.