Spectator on facebook

Spectator on facebook

ECONOMIC BRIEF

On July 1 NBS starts daily monitoring of hard currency position

The NBS Bank Council stated on June 4 that monetary development in the first quarter of 1997 was favorable. The monetary policy of the NBS complied with its 1997 Monetary Program, aimed at the reduction of loans provided by commercial banks. The Bank Council also approved a change in the monitoring of the hard currency position of banks for monetary purposes. From July 1 on, the position will be monitored on a daily basis, and not once every ten days as it currently is. The NBS extended VÚB's license to offer mortgages.

Top stories

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava

People of Pezinok fighting against landfill again

Dispute over controversial Pezinok waste dump, which started 18 years ago, continues.

The controversial landfill site in Pezinok

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.

First Slovak woman crossed the English Channel

Before her, only six Slovak men had managed to complete the difficult swim.