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CORPORATE NEWS

Mečiar: 4 banks should merge

Premier Vladimír Mečiar suggested on June 16 that Slovakia's four largest financial houses should merge into two, proposing that VÚB and Slovenská Sporiteľňa (SLSP) become one twin and the IRB and Slovenská Poisťovňa (SP) as the other. Mečiar justified the proposal by saying that "these banks are losing market position to foreign banks." Three of the biggest financial houses - VÚB, the largest commercial bank, SLSP, the largest savings bank, and SP, the largest insurer - are controlled by the state through the National Property Fund (FNM) privatization agency. "Mergers of these Slovak banks would improve their competitiveness in the light of Slovakia's integration [into] the EU and the OECD," admitted NBS spokesman Ján Onda. "[But] so far there is no such plan that the central bank knows about."

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Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Ryanair cancels some flights from and to Bratislava

The Irish low-cost airline publishes full list of cancellations

Irish budget airline Ryanair is believed to be cancelling up to 50 flights every day over the next six weeks because it "messed up" its pilots' holiday schedules.

No fees bring higher summer roaming

EU regulation raises the volume of roaming calls and data with Slovak mobile operators .

People should pay attention on used data abroad.

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness