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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.

Top stories

No Slovaks among the victims of Manchester attack so far

The representatives of Slovakia have expressed their sympathy to the families of the victims.

Police guard close to the Manchester Arena in Manchester, Britain, on May 23, 2017, a day after an explosion.

It's not your Slovakia, Bystrica protesters told Kotleba

President Andrej Kiska spoke to the crowd at the protest gathering, asking Slovaks what kind of country they want to have.

Lajčák gives two versions of the Evka story

The Foreign Ministry gives opposing statements about suspicious procurement related to the Slovak Presidency over the EU Council.

Government of PM Robert Fico (left) endorses Lajčák as its official candidate.

Napoleon’s oak planted in Bratislava's Tyršovo Embankment Photo

An oak of Napoleonic legend was replanted, part of a commemoration spanning several days.

Planting "Naopoleon's oak" on May 20, 2017.