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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.

Top stories

Problematic highway stretch, Turany-Hubová, will go via Korbeľka tunnel

This variant is more environmentally friendly compared with the surface variant originally planned.

Landslide during construction of the highway near Šútovo in 2013.

Talent is not always enough - sport is an expensive hobby

Promising young athletes often do not have the chance to bring their talent to the next level due to lack of funds.

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.

Adient technology centre announces major growth phase

It is looking for product designers, engineers and test technicians.

Designing new components in Adient in Trenčín.