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BUSINESS BRIEFS

Elections might strengthen crown

THE SLOVAK crown could regain strength after the defeat of the former authoritarian PM, Vladimír Mečiar, in the presidential election, analysts have predicted.

Following the election of Ivan Gašparovič, former speaker of parliament, the crown could strengthen for a short time against the euro and move towards the rate of Sk40 per euro, Ján Toth, an analyst with ING Bank, said to the daily SME.

Further developments will depend on how Gašparovič actually carries out his post, especially with respect to the right-wing cabinet.

Top stories

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Germans will distribute cars from Nitra’s JRL plant

The state-run freight carrier Cargo did not succeed in its bid, but is still discussing the distribution of suborders with the German firm.

Jaguar Land Rover’s construction site

Ministry: Law against puppy farms affects honest breeders

The recently passed law, clamping down on puppy farms will have serious consequences for honest dog breeders and state employees.

Illustrative stock photo.

Mihál leaving SaS

Behind his decision is disagreement with the stances of party chair Richard Sulík.

Jozef Mihál (l) and Richard Sulík (r)