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BUSINESS BYTES

Fewer families in poverty

The percentage of Slovak households below the poverty line - earning less than 1,400 Sk per month per person - has steadily decreased. While 20 percent of families were below the line in the first quarter of 1994, 17 percent were under in that year's second quarter. 1995 saw continued improvement; 14 percent were below in the first quarter and 11 percent in the next quarter.

Top stories

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

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo