Spectator on facebook

Spectator on facebook

Next year's budget deficit will climb by Sk18 billion

The parliamentary finance committee has recommended the parliament to pass the 2004 state budget draft with a deficit of Sk78.4 billion (€1.91 billion), which is Sk18 billion (€439 million) higher than originally planned, the state-run TASR news wire reported.

Next year's revenues should stand at Sk231 billion (€5.64 billion), expenditures at Sk310 billion (€7.56 billion), and the deficit remained unchanged at 3.9 percent of the GDP.

The deficit does not include Sk18.4 billion (€449 million) for the payment of the debt of the health sector.

The vote on the state budget is predicted to be the toughest test of the ruling coalition.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

How the national emblem appeared – including so far secret communism designs

Even Slovaks often do not know why the national emblem depicts a white double-cross, and not the Kriváň peak, or the design by artist Vincent Hložník. They also do not know why it makes a difference whether it is…

Offical Slovak national emblem and colours

Bratislava Zoo will have new wolf breeding station

One of most significant investments of the Bratislava Zoo in the year 2017 will be the building of a new wolf breeding station.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between February 17 and February 26, including a race on old wooden sleighs, an operetta premiere, a lot of jazz, classical and rock music, and more.

Rce in krňačky sleighing, Turecká 2017

Some food really is better in Austria, study finds

EC says its role is to monitor safety, not quality – but Slovaks want the same as Austrians, says minister.

Illustrative stock photo