Slovak state television company STV is struggling to find the Sk250 million (€6 million) needed for settlements to staff due to be laid off at the end of this month, according to the Finance Ministry.
The layoffs are part of cost-cutting plans aimed at reducing STV's monthly operational losses, which stand at Sk20 million (€475,000).
Compiled by Conrad Toft from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
15. May 2003 at 12:16
