Spectator on facebook

Spectator on facebook

ECONOMIC BRIEFS

SAV economic branch issues '97 forecast

The Institute for Forecasting of the Slovak Academy of Sciences on February 10 made public its forecastfor 1997. Aming the highlights are these: "More than in previous years, economic development in 1997 will be dependent on the coordination of monetary and fiscal policies, of which the primary goal should be keeping the Slovak currency stable. While the income side of the government budget stems from rational expectations of a decline in the share of tax revenues on GDP, the expenditures side is more short-term oriented rather than respective of objective needs. The deficit for 1997 severely deepens internal indebtedness, increases the risk of losing price and exchange rate stability, and amplifies the risk of an increase in Slovakia's external debts."

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.