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BUSINESS BRIEFS

Study: EU entry benefits to arrive late

A STUDY called A Development Prognosis for Slovakia until 2010, done by the Slovak Academy of Sciences, has warned that the Slovak economy will not start to improve dramatically until a decade after the country's acceptance to the European Union. The report suggests that the gross domestic product (GDP) will grow only 29 per cent from 2000 to 2010, and that the costs associated with integration will initially outweigh the benefits. The Academy predicts that unemployment and an increasing share of retired people against wage earners will trouble the country over the current decade, while differences in regional standards of living will widen unless new regional elected governments take concerted action. However, the study argues, Slovakia will find it easier to deal with these problems from within the EU than from without.

Top stories

Third anti-corruption march drew thousands Photo

The only demand that has been met to date is the abrogation of Vladimír Mečiar’s amnesties by parliament.

The anti-corruption march

Ballet legend Sergei Polunin will be guest of SND

The world-renowned personality of contemporary ballet will present two choreographies at the Slovak National Theatre in September.

Sergei Polunin

Voters don’t understand self-governing regions

Rules for regional elections change, which may bring some surprising victories.

One of the biggest fights is expected in Banská Bystrica Region.

Blog: In Slovakia, tradition is key

The year round, the calendar is filled to the brim with traditional habits, happenings that seem to go back centuries.

Traditional "vinobranie" event in Pezinok.