CORPORATE NEWS

NBS sees room for lower long rates

The National Bank of Slovakia (NBS) said on June 11 that it saw room for the continuing decline of long-term interbank interest rates, which had already fallen by around six percent over the past month. "The interest rate curve is not yet well proportioned," said Peter Andresič, head of the NBS open market operations department. "Further downward movements at the longer end of the rate curve may be expected." Longer-term maturities have been declining steadily since mid-May after the Finance Ministry repeatedly rejected all bids in the State bond auctions. "Further movements of interest rates will now mainly depend on the ministry's actions in covering the state budget," Andresič said.

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Slovak Speaker of Parliament Boris Kollár meets his Hungarian counterpart,László Kövér, in Budapest June 30, 2020.

Korčok to Hungarian representation: Weigh your words, do not disturb the reconciliation

Hungarian parliament's speaker spoke of past sins that Hungarians have not forgiven during a ceremony in south-west Slovakia.


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Police get ready for protests in Bratislava

They recommend drivers and people not attending the gatherings to avoid the places where demonstrations will take place.


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The old-age pension scheme will change, again.

Parental bonus proposed as first change to pension system, coalition partners at odds

Labour Ministry has unveiled the first part of its proposed pension scheme reform. Long-awaited tax system reform still out of sight.


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Tourists raft on the Orava river in the village of Oravský Podzámok, which is home to Orava Castle.

A land of Gorals, Hviezdoslav and great ice cream: Orava

This region in northern Slovakia is a place of active pursuits as well.


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