Spectator on facebook

Spectator on facebook

Steel dispute resolved

THE PROBLEM of overproduction of steel in the eastern Slovak steelmaker U.S. Steel Košice has finally been resolved.

The Slovak cabinet, US Steel, and the European Commission have agreed that as a compensation for the overproduction of steel in US Steel, the company's tax breaks promised by the Slovak cabinet will be cut by $70 million from the originally planned $500 million by 2009.

The company also agreed to pay $16 million as an additional tax to the Slovak cabinet in 2005, the Slovak daily Hospodárske noviny wrote.

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

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.