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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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PM Fico wants Education Minister’s resignation

Education Minister Peter Plavčan has refused to leave, the Prime Minister demanding his resignation.

Education Minister Peter Plavčan

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Southern Slovakia will face heat again

The first-level warning is issued for the 16th and 17th.