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IN SHORT BUSINESS

Key rates cut to boost consumption

THE CENTRAL bank of Slovakia (NBS) decided on March 26 to cut key interest rates by 0.5 percent to encourage domestic demand - a move that NBS governor Marián Jusko expects to be "the basis of this year's economic growth", Slovak economic daily Hospodárske noviny wrote.

The key interest rate is now at 5.5 percent. The NBS decision came after weeks of the continual appreciation of the local currency, which the NBS considered too fast.

Mário Blaščák, an analyst with Ľudová banka, said that over the last three months the Slovak crown strengthened against its referential currency, the euro, by 2.2 percent, which is comparable to the appreciation of the crown against the euro during all of last year.

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How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

Slovakia vies for medicines agency

What chances does the country have at winning the seat of the prestigious European Medicines Agency that needs to relocate from London?

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Vote-buying scandal lands village mayor in court

Some Roma claiming the mayor of Gemerská Poloma, Miroslav Michalka was buying votes, have changed their testimonies.

Stanislav Kučerák (blue shirt) is a key witness in the vote-buying case.

British embassy opens condolence book

The book will be opened for two days.

Floral tributes are laid out in Manchester, England, on May 23, 2017, the day after the suicide attack at an Ariana Grande concert that left 22 people dead as it ended on May 22 night.