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CORPORATE NEWS

Foreign debt down to $10.45 billion

Slovakia's overall gross foreign debt was $10.45 billion at the end of March, slightly down from $10.5 billion at the end of February, the NBS said on June 12. The debt totalled $9.9 billion at the end of 1997. The combined government and central bank debt totalled $1.73 billion, while foreign debt in the financial and corporate sector totaled $8.671 billion. Municipal debt dropped to $49 million. The NBS said overall short-term debt edged up to reach $4.723 billion, while medium and long-term debt edged down to $5.726 billion. Foreign debt per capita slipped to $1,972 at the end of March from $1,982 at the end of February.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).