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BUSINESS BYTES

Bonds in Sk debut on London bourse

For the first time ever on July 23, two Eurobond issues denominated in Slovak crowns were sold on the London Stock Exchange. The European Bank for Reconstruction and Development (EBRD) issued the Eurobonds, which have a total nominal value of 500 million Sk and yield a fixed interest of 12.5 percent p.a. The bonds have a two-year maturity. The manager of the bond issue, Bayerische Vereinsbank, increased the offer to 750 million Sk that same day.

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).