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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

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