Spectator on facebook

Spectator on facebook

Stronger crown expected next year

THE SLOVAK crown should strengthen to 39.4 SKK/EUR (crowns to the euro) according to the draft public administration budget for 2005-2007, the SITA news wire wrote.

Finance Ministry officials say that if macroeconomic indicators develop as expected, the Slovak currency would develop positively. Growth in labour productivity is a key factor in the strengthening of the crown.

2006 - 2007 should see the exchange rate at 39 SKK/EUR, the ministry expects.

But this beneficial rate depends on successful fiscal reform and a stable political situation.

Against the US dollar in 2005, the Slovak crown is expected to trade at 32.100 SKK/USD on average. For the years 2006 and 2007, the ministry awaits an average exchange of 32.5 SKK/USD.

Top stories

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4