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BUSINESS BRIEFS

Cabinet: No pay-out for S & L victims

CABINET has decided not to compensate 265,000 Slovaks, or according to Deputy PM Ivan Mikloš "five percent of the population", who lost money in the spectacular crash of several savings and loans funds last month. Meanwhile, the Košice regional court declared bankruptcy on the BMG and Horizont firms, allowing a bankruptcy trustee to step in and stop owners from selling off lucrative assets. Last week the S & L firms sold off three popular magazines, assets which now cannot be used to repay clients.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.