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ECONOMIC BRIEFS

JP Morgan's loan report on Slovakia

From a Loan Report on Slovakia submitted by JP Morgan: "Slovakia is one of the best of the transforming countries in Central Europe, exhibiting the highest economic growth. The political climate is solely to blame for the limited inflow of foreign capital. Tensions on the political scene are, thourh, softened a bit by a strong democtratic system. The strong foreign financila flexibility of the country is supported by alow foreign debt and sound hard-currency reserves. The basis for low inflation is strict economic policy. It is likely that Slovakia will in 1997 become an OECD member, and within the next five years it will also join the EU and NATO. Its rating is improving and is, moreover, stable. In the mid-term, its rating will see further enhancement after the political climate improves, although this is going to happen slowly. In spit pf conflicts between Premier Vladimír MeŹiar and President Michal KováŹ, economic reforms continue, political mangement is technocratic, and most of the country¦s political representatives are attempting to join the EU along with the Czech Republic, Poland and Hungary.

Top stories

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico

Ecocide! How Slovakia destroys its national parks

Officially, the number of forests in Slovakia keeps growing but satellite shots of the national parks evoke horrors.

logging at Muránska Planina