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ECONOMIC BRIEFS

IBRD reports on Slovakia

Report by the International Bank for Reconstruction and Development (IBRD):"Dubious steps taken by the Slovak politicians, which in some cases have led to the exclusion of foreign investors from the process of privatizing companies and banks, could become an obstacle in the Slovak Republic¦s attempt to unite with the EU." The IBRD mainly disagrees with the conspiracy during the second wave of privatization, in which Slovak investors with appropiate political contacts were handed preference. During the previous two years, the FNM sold companies with a book value of 100 billion Sk for unrealistically low prices, the bank sharply criticizes Premier Vladimír MeŹiar for this. The image of the Slovak industrial policy will be one of the obslacle in joining the EU, the EBRD concludes.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).