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BUSINESS BRIEFS

Cabinet told to change SPP money plan

THE COUNCIL of Economic Ministers, a senior cabinet body, has recommended the government put Sk52.8 billion rather than a suggested Sk20 billion toward paying down state debt from the $2.7 billion sale of gas utility SPP. Cabinet is to discuss the matter April 24.

A controversial proposal by the FNM state privatisation agency to allot only Sk20 billion of the SPP proceeds had gone against the recommendations of the central bank and international institutions that more money be used to repay debt. The FNM assigned about Sk45 billion to development programmes and paying down debt in unreformed sectors of the economy such as health care.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).