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ECONOMIC BRIEFS

Currency reserves at '97 high

Total foreign currency reserves in Slovakia were $6.949 billion as of September 3, the highest figure for 1997, according to the National Bank of Slovakia (NBS).

Central bank reserves stood at $3.189 billion ($284 million less than at the beginning of this year); of that amount, commercial banks held $3.761 billion (a $1.548 increase compared with the beginning of 1997).

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Top stories

Youngest Slovak village is a "communist dream come true” Photo

Dedina Mládeže (The Youth Village) was a mere experiment during the communist era. Now, the still inhabited village has morphed into an open-air museum.

Dedina Mládeže

Revitalised industrial building offers work, entertainment and housing

Mlynica is an excellent example of successful conversion of unused industrial building.

Mlynica

What are the reasons behind low wages in Slovakia?

The average wage costs per Slovak employee accounts for only 44 percent of the EU average.

How to keep politics and sports separate

FIFA, may not be a government, but they and the events they put on are undeniably political and embody all the worst things about globalisation.

Saudi Arabia Crown Prince Mohammed bin Salman, FIFA President Gianni Infantino and Russian President Vladimir Putin (left to right) stand for the anthem prior to the match between Russia and Saudi Arabia which opened the 2018 soccer World Cup in Russia.