BUSINESS BRIEFS

Rise in TV and radio licence fees

THE GOVERNMENT agreed on June 19 to raise television and radio licence fees by 25 percent. Each household will now pay Sk100 (€2.40) per month for a television licence and Sk40 (€0.96) for a radio licence. In the past, pensioners had been exempt but will now have to pay 50 percent of the fees.

The government expects to raise a total of Sk210 million (€5.04 million) per month with the new fees.

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