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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.

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.

400 types of Slovak seeds will be placed in the World Gene Bank at Spitsbergen Photo

Slovak Agriculture Ministry works is storing the seeds on the Svalbard archipelago.

World Gene Bank in Spitsbergen, Norway

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.