Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

MPs threaten 2003 budget with spending

THE FINANCE Ministry has warned that increased social spending approved by members of parliament this year is threatening next year's budget, which has only half the money it needs for spending on budget priorities.

While this year the state budget earmarked Sk30 billion of a total Sk258 billion in planned expenditures for highway construction and defence spending, among other priorities, in 2003 only Sk13 will be available.

MPs have agreed this year to increase pensions (by 5 per cent) and basic social support (3.5-3.8 per cent), both of which measures took effect July 1. The legislature has also agreed to up to 15 per cent pay rises for civil servants, and as of July 1 has allowed all parents of children or students up to 25 years to receive state support, regardless of family income.

Top stories

Lack of qualified labour needs to be addressed

After visiting carmaker PSA in Trnava, PM Fico says that people do not want to work even for more than €1,300.

PSA Groupe Slovakai in Trnava

Febiofest is a chance to see festival winners and foreign guests Photo

Febiofest, in its 24th year, shows mostly Slovak films, of which nine, including the Cristal Bear winner from Berlinale, The Little Harbour, will be premiered here. All the 11 films shown in the Slovak Film Country…

Drive Your Plough Over the Bones of the Dead by Agnieszka Holland

Largest companies that help search for job or employees

Not only well-known names placed in the list of the 10 largest employment agencies in Slovakia.

Amazon will deliver packages for free

Orders have to exceed €39 to be eligible.