BUSINESS BRIEFS

S&P improves Slovakia's rating

STANDARD & Poor's (S&P) improved Slovakia's rating for loans in foreign currency from BBB/A-3 to BBB+/A-2, the state run TASR news agency reported.

The agency also confirmed the country's rating for loans in local currency at the A-/A-2 level with a stable outlook.

S&P loans analyst Kristel Richard said that Slovakia's loan ability could improve in the coming two years if the general cabinet deficit continues to decrease and if there are further economic reforms, for instance in the railway sector.

S&P anticipates that Slovakia will join the eurozone in 2009.

Top stories

News digest: Crowd blocks entrance to parliament ahead of vaccine-related vote

The youngest member of the Slovak Olympic team kicks off the games with a personal record. Extensive reconstruction of Bratislava's Michael's Tower launched.


3 h
Pope Francis salutes the crowd as he arrives for the Angelus noon prayer from the window of his studio overlooking St.Peter's Square, at the Vatican, Sunday, July 18, 2021.

Pope's visit to Slovakia a miracle, says church analyst

Pope will meet people in four locations around Slovakia over his three-day visit in September.


23 h
Protest in front of the parliament on July 23, 2021.

Protesters attempted to enter parliament, police intervened with tear gas (updated)

Protests are linked to the expected vote on new vaccination-based Covid measures.


9 h