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ECONOMIC BRIEFS

Slovak GDP to grow about 5% in 1998

Slovakia should record real gross domestic product (GDP) growth of around five percent in 1998, a finance ministry official said on May 11. Juraj Sipko, Director of the ministry's International Financial Institutions Department, told investors at the annual meeting of the European Bank for Reconstruction and Development that the country's economy remained sound. Slovakia's current account and fiscal deficits were both improving, he added. Elena Kohútiková, Executive Director of the National Bank of Slovakia (NBS), reiterated a central bank forecast that the current account shortfall would fall below 6% of GDP this year from 6.8% in 1997.

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Famous books on totalitarianism popular in Slovakia too

Internet bookstores have recorded an increased interest in books exploring totalitarian regimes, including demanding theoretical works.

George Orwell in Slovak bookstores

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

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Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.