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BUSINESS BRIEFS

Košice climbing out of deep hole

THE CITY of Košice, which last year faced possible cross-default, has been given a long-term rating with a positive outlook by the Slovak Ratings Agency, whose director says the city is showing "growth potential" after making budget cuts.

The director, Rudolf Autner, praised the courage of city leaders in "looking at themselves naked in the mirror" and bringing in an independent advisor to point the way out of the city's financial crisis. "That's not common in Slovakia, especially at the municipal level," said Autner.

Top stories

Job ads should inform about basic salary

One of the proposal’s authors from the Smer coalition voted in May against a similar proposal authored by opposition deputies

The shortage of workforce is a growing problem for entrepreneurs.

Top 3 news from Last Week in Slovakia Video

EMA will not relocate to Slovakia - Job ads will have to state actual payrates - Trnava factory to produce electric cars

PSA plant in Tranva.

Námestie Slobody square closer to facelift Photo

The Bratislava city council wants to revitalise the square by the end of 2018

The winning project for revitalisation of Námestie Slobody square

Slovak hockey league will not rest during Olympics

Unlike the Slovak premiere hockey league, Swiss, German and Russian leagues will take a break during the 2018 Winter Olympics.

Ice hockey is popular in Slovakia