Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

NBS saves Sk2 billion

A REDUCTION in interest rates of 1.5 percentage points by the National Bank of Slovakia (NBS) at the end of last year will save the government several billion crowns in this year's budget, according to the Finance Ministry.

"In interest on state loans we will pay about Sk2.5 billion (€61 million) less than predicted before the change in interest rate," Jozef Mach from the ministry's press office told the financial daily Hospodárske noviny.

The strong crown has also meant savings, as some dollar and euro loans have been refinanced in loans from Slovak financial institutions.

Top stories

12 places where you can see the works of one of the best medieval wood carvers Photo

The works of the renowned Master Paul are not limited just to Levoča.

St Geirge Curch in Spišská Sobota

Heatwaves to continue in Slovakia over the following days

More than 40 people collapsed due to hot weather on Thursday.

Jourová: Fico not fully informed on all EC’s activities on double standards

European Commission President Jean-Claude Juncker will meet with Fico to discuss double quality standards of foods on July 27 in Brussels.

European Commissioner for Justice, Consumers and Gender Equality Věra Jourová

Foreigners: Events in Bratislava Video

Tips for performances and other events in the capital between July 21 and July 30, including concerts, parties, festivals, classical music, inline skating, exhibitions and more.