IMF sympathy for central bank

The International Monetary Fund said the Slovak central bank is in a difficult position “with no easy way out”, battling a strong crown caused by “exaggerated views regarding the success of your country”.

The crown has appreciated to record highs against the euro in recent weeks, with the central bank spending 500 million euro in currency reserves and dr5opping interest rates to protect the competitiveness of the Slovak economy.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Illustrative stock photo

Slovak, Catholic, and ageing. But some of the 2021 census is a surprise (+graphs)

The data also revealed that almost 4 percent of inhabitants were not born in Slovakia.


25. jan
Illustrative stock photo

Omicron send thousands of uninfected students and their parents into quarantine

A shorter quarantine period for schoolchildren could reduce the shortage of parents.


7 h
The three largest banks in Slovakia will launch instant payments on February 1 of this year.

Money in your account in seconds. Instant payments are about to become reality

Three Slovak banks will launch instant payments on February 1.


8 h
Defence Minister Jaroslav Naď (left) and Foreign Affairs Minister Ivan Korčok (right)

Ukraine situation extremely serious, gov't prepares for crisis but hopes for diplomatic solution

Defence minister says Slovakia is within the range of Russian military technology gathered at Ukrainian border.


25. jan
Skryť Close ad