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Tourist revenues in Slovakia fall

FOREIGN spending by tourists accounted for a total of Sk14.23 billion (€356 million) in the first half of 2004, while Slovaks spent Sk13.593 billion (€340 million) outside the country, the news wire TASR wrote.

Whereas the foreign exchange revenues in Slovakia were down by 22 percent year-on-year, expenses increased by 3 percent, according to the Economy Ministry.

Of the tourist revenues, individuals provided 94 percent, group holidays 4.7 percent, and out-of-bank currency exchanges 1.3 percent.

As for expenses, individual trips accounted for 79.8 percent of the total, group holidays 16.3 percent and business trips 3.9 percent.

The balance of tourism revenues and expenditure ended the period with a surplus of Sk637 million (€16 million), down by 87.7 percent on the year.

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