Spectator on facebook

Spectator on facebook

Slovaks would rather spend than save

IN THE YEAR ahead Slovaks should have more cash as real wages are estimated to grow by as much as 3.5 percent. They are, however, expected to spend rather than save most of the money, reported the Národná Obroda daily.

The rate of savings has been falling for years now, while consumption is on the rise. Moreover, as much as four-fifths of the population do not consider it suitable to save at present. This is because low interest rates do not make saving worthwhile.

Even if the inflation rate drops to 3.5 percent this year, interest rates are expected to fall even lower, the daily concluded.

Top stories

Train full of missiles photographed in Ostrava a hoax

It seems that wartime conflicts are almost always accompanied by hoaxes, recent stories show.

Photos from the set of the feature film Revolution Man were misused for propaganda.

I have never seen a France like this

Unlike the populists Macron offers a positive vision of where politics and Europe can go.

Emmanuel Macron

When sheep and goats become gardeners Photo

Living four-legged mowers help take care of precious orchids and butterflies.

Restored pasture in Devínska Kobyla

Slovak conductor with world record dies Photo

He conducted choirs for the longest time in the world.

Viliam Karmažin