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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

Chinese are closer to taking over Košice steelworks

The sale may be completed early next year, according to reports.

U.S. Steel Košice

Third anti-corruption march drew thousands Photo

The only demand that has been met to date is the abrogation of Vladimír Mečiar’s amnesties by parliament.

The anti-corruption march

Slovak water slalom racers start championship with a victory Video

The single canoe slalom team can boast with several records.

l-r: Alexander Slafkovský, Matej Beňuš and Michal Martikán

Blog: In Slovakia, tradition is key

The year round, the calendar is filled to the brim with traditional habits, happenings that seem to go back centuries.

Traditional "vinobranie" event in Pezinok.