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BUSINESS BRIEFS

NBS posts loss of Sk36 billion

THE NATIONAL Bank of Slovakia made a loss of Sk36.3 billion (€939.7 million) in 2004, the TASR news agency wrote.

The non-audited economic outcome is connected mainly with exchange rate losses of the NBS, which total Sk29.8 billion (€771.4 million).

Last year the Slovak crown's exchange rate firmed by 5.75 percent against the euro and by 13.44 percent against the US dollar, NBS spokesman Igor Barát told the TASR news agency.

Top stories

Chinese are closer to taking over Košice steelworks

The sale may be completed early next year, according to reports.

U.S. Steel Košice

Third anti-corruption march drew thousands Photo

The only demand that has been met to date is the abrogation of Vladimír Mečiar’s amnesties by parliament.

The anti-corruption march

Slovak water slalom racers start championship with a victory Video

The single canoe slalom team can boast with several records.

l-r: Alexander Slafkovský, Matej Beňuš and Michal Martikán

Blog: In Slovakia, tradition is key

The year round, the calendar is filled to the brim with traditional habits, happenings that seem to go back centuries.

Traditional "vinobranie" event in Pezinok.