BUSINESS BRIEFS

S&P raises Slovakia's credit rating

STANDARD & Poor's ratings agency has strengthened Slovakia's long-term foreign currency sovereign credit rating from BBB+ to A-. It also says the outlook is now positive, not just stable. Slovakia has the potential for the further upgrading its rating.

"The upgrade reflects ongoing progress with the government's ambitious reforms of public finances and of the structure of the economy, coupled with a very healthy outlook on growth and strong foreign direct investment inflows," Standard & Poor's credit analyst Kai Stukenbrock told the TASR news agency.

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News digest: Lockdown not out of the question, PM Matovič says

The overview of news from Wednesday, October 21, 2020.

PM Igor Matovič says lockdown is still in play.

A curfew for those who refuse testing? Lawyers and president have doubts

The government risks the Constitutional Court canceling the nationwide testing.

Illustrative stock photo

The cabinet approves plan for permanent kurzarbeit

The new fund is expected to be introduced from 2022.

Labour Minister Milan Krajniak