Largest Russian debt recovery ever

THE SLOVAK government recently agreed to recover $365 million from a debt of $1.1 billion still owed to Slovakia by Russia and dating back to Soviet times.

It is the largest yearly recovery in Slovak history, and includes a $14 million cash payment and a three-way 'swap' of goods with Russia and Vietnam in a nominal value of $185 million. As in the past, most of the debt figure will be paid down in exports of energy raw materials and military equipment to Slovakia.

Top stories

Foreign Affairs Minister Ivan Korčok (left) and Defence Minister Jaroslav Naď (right)

Slovak-US defence pact encounters fierce resistance

A planned bilateral defence agreement between NATO allies Slovakia and the US has highlighted once again the sharp divisions that exist in Slovak politics and society over Russia.


2 h

Hygienists have adjusted some rules. Check the main changes

Testing of unvaccinated employees remains at a frequency of once a week.


4 h
An illustrative photo.

Summer camp sexual abuse case begins

The scandal was revealed by a blog post published in March 2019.


22 h
Skryť Close ad