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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.

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Gilden: Take the negative and make a positive from it Photo

The works of New York native, photographer Bruce Gilden, who has worked for five decades in the streets of the biggest cities, are on exhibit in the Kunsthalle (House of Arts) in Bratislava.

Bruce Gilden: Feast of San Gennero, Little Italy, 1984.

The ongoing struggle for a free and democratic Slovakia

The people of Slovakia deserve the credit for the remarkable progress that this country has made over the past twenty-five years, US ambassador writes.

Illustrative stock photo

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 24 and December 3, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Christmas Markets Bratislava

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.