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ECONOMIC BRIEFS

Electricity prices to go up 5% in 2Q97

Electricity prices for businesses will go up 5 percent in the second half of 1997, according to Finance Minister Sergej Kozlík, who made the announcement on April 23. According to the director of the state-run electricity producer Slovenské Elektrárne (SE), even a 5 percent rise may not offset the specter of SE making a loss. "If the prices are not increased or are increased by just 5 percent this year, SE will be in the red in 1998. This consequently will put in jeopardy loan repayments for Mochovce's completion." SE is lobbying for an average 20 percent electricity price hike, with a big part of that being borne by individuals.

Top stories

Slovak scientist in the US: Slovak science needs more than just money to thrive

It seems as if we do not want skilled scientists to return home, says Dominika Truban, who founded a platform connecting Slovak researchers abroad and at home.

Dominika Truban

The Education Ministry to restore the analytical institute

The institute that is part of the Value for Money initiative was merged with another body at the beginning of the year.

Education Minister Martina Lubyová

New web app shows property owned by politicians

The aim is to clearly show publicly accessible information about public officials that is scattered through various state websites and registers.

Zsolt Simon

Blog: Helping others helps your company too

Tatiana Čaplová, Program Coordinator for CSR at the Pontis Foundation, offers a very interesting look behind the scenes of the most successful CSR event in Slovakia - Naše Mesto (Our City).

Bratislava