Spectator on facebook

Spectator on facebook

EU mortgage proposal should benefit Slovaks

A EUROPEAN Union working commission has proposed that mortgage loans be fully accessible to all its citizens anywhere within its borders.

This should benefit Slovak citizens who at present find it very difficult to take advantage of the lower interest rates offered by foreign banks, according to the daily SME.

The only foreign bank that is prepared to grant mortgages to Slovaks is Austria’s Erste Bank, and even it would far prefer that Slovaks use a Slovak bank.

One of the main criteria for receiving a mortgage from a foreign bank is a permanent address abroad or at least a permanent job.

Compiled by Magdalena MacLeod from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Smer follows a downward trend but may escape oblivion

What does the defeat in regional elections mean for the future of Slovakia’s strongest party?

“How could it be a fiasco when a political party wins most councillors among all parties?” asks PM Robert Fico.

Valorisation mechanism changes

But not everybody is satisfied with some of the latest changes.

My five-year-old daughter will almost certainly encounter a Weinstein too

It’s not that I thought sexually harassing women was okay, it’s more that I accepted that was just part of how things worked. Unfortunate, yes, but also standard.

Harvey Weinstein

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.