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ECONOMIC BRIEFS

NBS wants to change GDP

The National Bank of Slovakia's (NBS) Bank Council approved its Monetary Development report for 1996 and an update of its 1997 Monetary Program, central bank officials announced on May 19. In the report, the NBS said that Slovakia's GDP structure is very unfavorable. Justifying its claim, the central bank wrote that the high share and growth in government spending (also in the area of investments) as well as its support of private consumption by wage growth, which exceeds the growth in labor productivity are combining to stimulate the nation's trade deficit.

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Sagan rewrites history Video

Cyclist Peter Sagan becomes the first man to win three consecutive world championships.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness