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ECONOMIC BRIEFS

1997 foreign trade turnover reached 428.19 bn Sk

Foreign trade turnover for the January - August period was 428.19 billion Sk, an 11.5 percent increase compared to the same period in 1996, the Slovak Statistical Office (ŠÚSR) reported. The trade deficit reached 37.54 billion Sk, increasing by 1.63 billion Sk in August. The August increase was the lowest monthly increase since June 1996 (the trade deficit for August 1996 was 3.99 billion Sk). In the first eight months, Slovakia ran a trade deficit of 7.62 billion Sk with OECD countries, of which 3.57 billion was with EU countries and 1.60 billion with EFTA members. On the contrary, with CEFTA countries it recorded a surplus of 8.56 billion Sk.

Top stories

Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak