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ECONOMIC BRIEFS

Budget deficit soars to 8.9 billion Sk

The Slovak 1998 state budget showed a fiscal deficit of 8.937 billion crowns ($257.1 million) at the end of July, up from 3.868 billion crowns at the end of June, the Finance Ministry said on August 4. The Ministry changed the way it states the budget balance at the beginning of 1998 to exclude payments of the state debt principal, and said it was not immediately able to give comparatives for the first seven months of 1997 due to the change in methodology.

Top stories

Hold onto your hats - heavy storms in Slovakia continue

Summer storms cause property damage, destroy gardens and possibly the harvest

Liberation of Mosul and the fight against ISIS

The United States, Slovakia, and the entire Global Coalition will continue to support our regional partners until ISIS has been defeated and the suffering ends.

Iraqi civilians flee their homes during fighting between Iraqi security forces and Islamic State militants, on the western side of Mosul, Iraq, in March 2017.

Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.

Slovak water slalom racers won seven medals

Young Slovak talents made the hearts of sports fans race with their performance at the World Championship in water slalom.

Marko Mirgorodský