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BUSINESS BRIEFS

Budget deficit hits 2002 target

THE 2002 state budget ended with a deficit of Sk37.12 billion (898 million euro), 97.7 per cent of the target, as well as a further debt of Sk14.57 billion (353 million euro) in bank restructuring costs.

In 2003 the bank restructuring and operating expenses categories are to be merged into one united budget figure in accordance with the EU's ESA 95 budget guidelines, making for more transparent public finance accounting.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

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.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).