Spectator on facebook

Spectator on facebook

BUSINESS BYTES

Foreign currency reserves declined since the beginning of 1996

Total foreign currency reserves of the banking sector were $4.790 billion, of which $3.503 billion were reserves of the National Bank of Slovakia (NBS) and $1.287 billion were the reserves of commercial banks. Total foreign currency reserves have declined since the beginning of 1996 by $210 million. According to the NBS, the decline was due to a negative development in the balance of payments, and partially due to changes in the exchange rate, mainly a weakening of the Deutsche mark.

Top stories

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska