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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Fifty soon for death, wrote Kočner shortly before the murder

Some Threema messages between Kočner and Zsuzsová proven by other evidence.

Abandon hope all ye who enter Threema

Kočner's underworld will not cease to exist with his mere sentencing.

Marian Kočner (r) faces charges for, among others, forging promissory notes.

Paneláky are an irony of history

Many older Slovaks are nostalgic of the job security and the flats they got “from the state for free” before 1989.

The European Commission is sceptical of Slovakia's budget

It forecasts Slovakia’s economic expansion to give way to slower growth.

The government meets in Bratislava on October 2, 2019