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NEWS BRIEFS

Gas prices rise for fifth time this year

The Ministry of Finance approved on October 23 the fifth increase this year of petrol and diesel fuel prices. The measure, which took effect on November 1, will mean that gas prices will go up by 0.50 Sk/liter and diesel by 1.50 Sk/liter. According to Slovnaft President Slavomír Hatina, the world crude oil prices are 50 percent above last year's average. Oil purchases constitute 65 -70 percent of Slovnaft's total expenses, Hatina revealed, adding that an increase in crude oil of $1 per barrel translates into a 100 million Sk increase in the oil refinery's monthly costs. Another factor influencing Slovnaft's increased costs is a rise in the dollar exchange rate, Hatina said, where if there was an increase in the exchange rate by 1 Sk, it would translate into a cost hike of 65-67 million Sk per month.

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General Prosecutor filed a motion for the dissolution of ĽSNS

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Russian spies allegedly recruit also Slovaks

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There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

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GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

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