Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

Concern over euro timetable

THE GOVERNOR of the National Bank of Slovakia (NBS), Marián Jusko, warned that the financing of the country's pension reforms might deepen the public finance deficit so much that Slovakia would be unable to introduce the euro by 2007 as previously planned.

In order to join the euro, the deficit must fall below three percent of the GDP.

"The cost of installing the euro appears too high," Jusko told Czech press agency CTK.

The planned pension system reform might increase the public finance deficit by one percent.

Top stories

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

Austria launches random checks close to Slovakia’s borders

Refugees are using new smuggling routes, according to the Austrian minister.

Illustrative stock photo

Unemployment rate continues to decline

The still steeper fall in unemployment could be curbed by the type of jobseekers, analysts opine.

Carmakers have already complained about the lack of qualified labour.

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.