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BUSINESS BRIEFS

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

Product quality laid on the EU table

Concerns over the different quality of same brand products are confirmed, but will anything change soon?

Will shopping in supermarkets soon become a thing of the past?

Education minister fails to explain distribution of EU money

The opposition parties plan to initiate a no-confidence vote, the second against this minister.

Education Minister Peter Plavčan

Who will stand up for journalists in Turkish prisons?

Journalists living in countries where politicians (for now) do not send people to prison for their opinions, who only sigh in relief that they are lucky this story does not concern them, are deeply mistaken.

Protesters in front of the court building.

EU court’s advocate general proposes to dismiss quota lawsuits

Yves Bot rejects arguments from Slovakia and Hungary on the legality of the relocation plan.

Refugees at the border between Hungary and Serbia.