IN SHORT BUSINESS

World Bank sees 4 percent GDP growth

SLOVAKIA's GDP should grow by four percent this year, according to the latest World Bank prognosis. Inflation should be 7.8 percent, the public finance deficit should reach 4 percent of GDP, and the deficit on the current account of the balance of payments should reach 2.3 percent of the GDP, the private news agency SITA wrote.

Anton Marcinein, the World Bank economist for Slovakia, thinks that the positive development of economic indicators for Slovakia over the last few months could lead to even better results.

Similarly, the World Bank expects Slovakia's GDP to grow by 4 percent in 2005, inflation should be 3.7 percent, and the country could join the euro-zone and introduce the euro as early as 2008 or 2009.

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