BUSINESS BRIEFS

Slovak crown continues rise

THE SLOVAK crown broke new records on April 16 as it reached Sk40.82 to the euro.

Analysts believe part of the reason for the strengthening Slovak crown is destabilising factors in surrounding countries, with an upcoming election in Poland and a weak government in the Czech Republic.

"The trend in many [economic] indicators is positive. Besides that, the Slovak government is seen as the most pro-reform in the Visegrad Four countries," said Tatra Bank analyst Branislav Baričák.

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