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ECONOMIC BRIEFS

Largest trade deficit is with Russia

Total Slovak exports were 144.575 billion Sk in the first half of 1997, 12.9 percent more than a year ago. Imports were 177.328 billion Sk, which is a 12.6 percent annual increase.

Trade with Russia marked the largest deficit (22.9 billion Sk, or $658m), while Slovakia recorded deficits also in trading with OECD countries (8.934 billion Sk, or $257m) and EU countries (4.577 billion Sk, or $131m). In contrast, Slovakia ran a trade surplus with CEFTA countries (4.9 billion Sk, or $141m). Slovakia's largest trade partner still is the Czech Republic where 23.5 percent of Slovak exports are destined and 27.7 percent of imports originate.

Top stories

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A tattoo, illustrative stock photo

Kiska: Only president can bestow awards

President Andrej Kiska turned to Constitutional Court over the law on state awards recently passed by the government.

President Andrej Kiska granting awards, January 1, 2018

Global warming is a myth, claims a hoax

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The snowfall in Sahara can be seen in this satellite picture.

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