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ECONOMIC BRIEFS

Const. Court rules FNM can't trade own bonds

Slovakia's Constitutional Court ruled in the last week of February that the state privatization agency Fund for National Property (FNM) does not have right to organize its own market for bond trading. Consequently, shares from the FNM's portfolio will not be exchanged for bonds through FNM representatives, but through the anonymous RM-Systém market. The FNM also will not be able to set the portion of debt that may be repaid by the debtor in bonds, and all FNM debtors will be allowed to repay their entire debt in bonds.

Top stories

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.

Slovaks in the UK do not have to fear Brexit

Brexit itself should not impact the position of Slovaks in the UK, an interim agreement between the European Union and Great Britain suggests.

Brexit, illustrative stock photo

Russians win the Tatry Ice Master 2018 Video

Ice-sculptors worked with a massive 50 tonnes of ice on the weekend of January 12-14; their sculptures remain on display.

The ice scupltures at Hrebienok, Tatry Ice Masters

The Bratislava airport has competition in Vienna

The airport in Vienna, only about 60 kilometres from the Slovak capital, gains 17 new low-cost airliner flights.

Illustrative stock photo