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BUSINESS BRIEFS

Sk24.8 billion deficit

THE STATE budget deficit in August increased by Sk6.2 billion from July to reach Sk24.8 billion, 31.6 percent of the projected annual level, the TASR state news agency reported.

State budget income was Sk153.7 billion, or 66.3 percent of the projected level for the year. State budget expenditures reached Sk178.5 billion, which is 57.5 percent of the annual plan.

Top stories

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

Fee has a negative impact

Practice shows that municipalities will require investors to pay the fee for development from their own budgets and at the same time to also cover the so-called induced investments.

Some municipalities want to re-think the fee.

Kysuce inhabitants block busy road in protest

The blockade caused traffic collapse.

Discovery made hard mining work more efficient

Gunpowder was used to blow up the rock for the first time in the Upper Bieber adit for the first time 390 years ago.