Spectator on facebook

Spectator on facebook

ECONOMIC BRIEFS

Japan plans to offer $90 million loan for Slovak roads

The Japanese government plans to provide a $90 million loan to Slovakia through its Overseas Economic Cooperation Fund (OECF), to finance part of Slovakia's highway construction program, OECF officials said on May 7. "We hope to reach a final agreement in the near future," OECF Chairman Akiru Nishigaki told journalists after a meeting with Slovak Prime Minister Vladimír Mečiar in Bratislava. Although the interest rate and the maturity of the loan have already been agreed upon, Nishigaki said he would not disclose details. "I can only tell you that the conditions are very favorable... and the maturity is very long," Nishigaki said. On March 27, Japan notified the Slovak government that it would provide a loan not exceeding 11,094 million Yen through the OECF. The loan would finance the completion of the motorway network surrounding the Slovak capital Bratislava. Overall costs for Slovakia's motorways program are predicted to reach around 10 to 12 billion crowns ($292 million to $351 million) in 1998.

Top stories

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

Slovakia vies for medicines agency

What chances does the country have at winning the seat of the prestigious European Medicines Agency that needs to relocate from London?

Illustrative stock photo

Vote-buying scandal lands village mayor in court

Some Roma claiming the mayor of Gemerská Poloma, Miroslav Michalka was buying votes, have changed their testimonies.

Stanislav Kučerák (blue shirt) is a key witness in the vote-buying case.

British embassy opens condolence book

The book will be opened for two days.

Floral tributes are laid out in Manchester, England, on May 23, 2017, the day after the suicide attack at an Ariana Grande concert that left 22 people dead as it ended on May 22 night.