BUSINESS BRIEFS

Auto insurance to rise 50 per cent

COMPULSORY auto insurance is expected to rise 50 per cent next year after a 20-per cent hike in 2002, tracking a recent steep increase in damage claims and the value of insured vehicles.

The increases will come as the cabinet pushes through many other rises in regulated prices for 2003, including energy, rent, water and transport. The government has also promised to increase the lower rate of VAT consumption tax.

The increases are part of tightened fiscal discipline following the victory in September elections of four centre-right parties.

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News digest: Lockdown not out of the question, PM Matovič says

The overview of news from Wednesday, October 21, 2020.

PM Igor Matovič says lockdown is still in play.

A curfew for those who refuse testing? Lawyers and president have doubts

The government risks the Constitutional Court canceling the nationwide testing.

Illustrative stock photo

The cabinet approves plan for permanent kurzarbeit

The new fund is expected to be introduced from 2022.

Labour Minister Milan Krajniak