Spectator on facebook

Spectator on facebook

IN SHORT

NBS foresees 5 percent economic growth

THE SLOVAK economy should grow at a pace of over 5 percent in the medium-term, the National Bank of Slovakia (NBS) forecasts.

NBS Governor Ivan Šramko said that in 2007 GDP growth is estimated to approach 7 percent, mostly on the back of the production of the automotive investors, the TASR news agency wrote.

"Consequently, this production should have a positive impact on the current account balance of payments deficit," Šramko added.

The central bank also expects the Slovak crown to gradually stabilize against the euro.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Slovakia has extradited Yandiev to Russia

Despite the UN decision, the country sent Ingushetia citizen Aslan Yandiev to Russia where he is wanted for alleged terrorism crimes. It cites the stance of the ECHR.

Illustrative stock photo

More reasons to stay

Excluding people doesn’t just affect those who choose to leave.

Creator of the Krav Maga self-defense system was from Bratislava Photo

The versatile athlete Imi Lichtenfeld finally has a memorial plaque in the Slovak capital.

Unveiling of the commemorative plaque: curator Michal Vaněk, Yaron Lichtenstein, BKIS director Vladimír Grežo and Museum of Jewish Culture's director Pavol Mešťan, from left.

Construction of underground roundabout changes traffic flow on Bratislava’s Mlynské Nivy

Mlynské Nivy Street will be transformed into a modern boulevard by the autumn of 2019.

New construction on Mlynské Nivy Street.