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ECONOMIC BRIEFS

Hard currency reserves stabilized

Slovakia's total hard currency reserves were $5.043 billion as of June 11, the NBS reported. They were $641.9 million lower compared to the end of 1996, but $190.8 million higher than a week ago. The NBS's own reserves were $2.929 billion, which is $543.8 million less compared to the end of 1996 and $185.5 million higher than a week ago. The combined reserves of commercial banks were $2.114 billion, 98 million less compared to the end of 1996 and 4.3 million higher than a week ago.

Top stories

Robert Fico has lost the electoral magic he once had Plus

But his party can still bounce back if they do the things that make parties resilient.

Robert Fico claims that Smer won the regional elections because it is the party with the most chairs in regional councils.

New legislation protects creditors from unfair mergers

Fraudulent mergers were a legal business model enabling unfair businesses to get rid of debts

Tightening conditions when merging companies will increase the red tape of lawful mergers and prolong this procedure.

Fifty Shades of Grey: Slovakia's Olympic outfits will not stray from tradition

The official outfit for Slovak athletes at the Pyongyang Olympic Games has been presented; the Slovak Olympic Committee (SOV) is not satisfied.

Olympic outfit of Slovak athletes

Blog: How long until a robot takes your job?

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Illustrative stock photo