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ECONOMIC BRIEFS

Euro will replace D-mark in crown's basket from next January

The new Euro will replace the Deutschemark in the Slovak crown's currency basket from the beginning of next year, the NBS announced on May 15. The crown currently trades against a 60/40% mark/dollar basket. "The NBS's decision to replace the mark with the Euro in the Slovak crown currency basket is a reaction to integration and globalization trends in the European Union," the NBS said in a statement. Trading in Euros will begin next year, with the actual currency set to appear in 2002 when the participating countries will withdraw their respective banknotes and coins.

Top stories

No Slovaks among the victims of Manchester attack so far

The representatives of Slovakia have expressed their sympathy to the families of the victims.

Police guard close to the Manchester Arena in Manchester, Britain, on May 23, 2017, a day after an explosion.

It's not your Slovakia, Bystrica protesters told Kotleba

President Andrej Kiska spoke to the crowd at the protest gathering, asking Slovaks what kind of country they want to have.

Lajčák gives two versions of the Evka story

The Foreign Ministry gives opposing statements about suspicious procurement related to the Slovak Presidency over the EU Council.

Government of PM Robert Fico (left) endorses Lajčák as its official candidate.

Napoleon’s oak planted in Bratislava's Tyršovo Embankment Photo

An oak of Napoleonic legend was replanted, part of a commemoration spanning several days.

Planting "Naopoleon's oak" on May 20, 2017.