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ECONOMIC BRIEFS

State budget at 3.45bn Sk in the red for 1997

The government budget recorded a deficit of 3.451 billion Sk at the end of the first quarter of 1997 (3.5 billion Sk for the same period of 1996). Budget revenues were 39.923 billion Sk and expenditures were 43.374 billion Sk, the Ministry of Finance reported. The budget ran a surplus of 3.573 billion Sk in January and showed a deficit of 0.361 billion Sk at the end of February.

Top stories

Germans will distribute cars from Nitra’s JRL plant

The state-run freight carrier Cargo did not succeed in its bid, but is still discussing the distribution of suborders with the German firm.

Jaguar Land Rover’s construction site

Ministry: Law against puppy farms affects honest breeders

The recently passed law, clamping down on puppy farms will have serious consequences for honest dog breeders and state employees.

Illustrative stock photo.

Mihál leaving SaS

Behind his decision is disagreement with the stances of party chair Richard Sulík.

Jozef Mihál (l) and Richard Sulík (r)

Office space expected to grow

The growing economy and falling unemployment rate create a good environment for the growth of companies already established in Slovakia, but also for the arrival of new ones.

The Zuckermandel project