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BUSINESS BRIEFS

SKo rejects offers for bad loans

BAD-LOAN hospital bank Slovenská Konsolidačná has rejected forming a consortium with Deutsche Bank and passing Sk54 billion ($1.2 billion) in bad loans on to the joint firm to recover.

The agency also rejected an offer by Penta Group corporate raiders, through the Vinlan firm, to buy the receivables for one per cent of their face value.

The agency houses over Sk100 billion in unrecoverable or risky loans that were cut out of state banks VÚB, SLSP and IRB before their sale to foreign investors from 2000-2001.

Top stories

EU roaming fees to end on June 15 – in theory

Slovak customers still waiting to find out how mobile operators will implement change.

Archaeologist pieces together early history of what is now western Slovakia Photo

For an archaeologist, the most important thing is his most recent rare discovery, says Július Vavák.

Students visited Svätý Jur as part of their European Wanderer project

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár