Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

Trade figures better in August

THE AUGUST trade deficit narrowed to Sk4.2 billion, only half that of the same month a year ago, bringing the Slovak deficit after eight months in 2002 to Sk52.5 billion, nine per cent less than in the same period in 2001.

While Slovakia has been warned by international institutions to cut state spending and rein in its trade deficit after recording a record trade shortfall of Sk103 billion (over 10 per cent of GDP) last year, recent export improvements have been received positively by international market watchers and have boosted the Slovak crown.

Top stories

Shortage of vegetables in Europe’s supermarkets is a hoax

An overview of hoaxes that have appeared in the past few weeks

Household consumption improved.

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.

Poll: Smer followed by SaS, KDH also in parliament

Had the general election taken place in mid-February, the opposition Freedom and Solidarity (SaS) would place second, and the now extra-parliamentary KDH would get nine seats.

Alojz Hlina took over at the helm of KDH