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BUSINESS BRIEFS

Budget deficit at 40% of 2002 target

THE STATE budget deficit after the first quarter of 2002 was Sk15.2 billion, or 40 per cent of the full-year target of Sk38 billion. The Finance Ministry has said the goal is not in danger, as Sk9.3 billion of the 1Q02 sum was state bonds for bank restructuring.

The government has been warned recently by the International Monetary Fund to cut splanned spending or risk not making its deficit target.

Top stories

Wooden toothbrushes prompt small-scale industrial revival in Bratislava Photo

To begin with, young enthusiast Roman Kovács just wanted to change his local environment for the better, and to help people.

Roman Kovács wants to renew production of wooden toothbrushes in Bratislava.

Blog: HR Marketing: Not everybody can be Google!

It is important to know who your target audience is and the position you aspire to achieve as an employer on the market.

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The idea of Slovakia

What does this country stand for? Slovaks could – and should – shout a little louder about what they have achieved, and where they want to go.

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Amazon chose Slovakia for its top returns centre Photo

The online retainer lures its future workers by wages and benefits.