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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.

Top stories

Sagan rewrites history Video

Cyclist Peter Sagan becomes the first man to win three consecutive world championships.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness