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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.

Top stories

Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak