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IN SHORT

Distribution of extra tax from US Steel

AT ITS July 13 session, the Slovak cabinet approved a proposal by the Finance Ministry to distribute the additional Sk400 million (€10.3 million) received through US Steel Košice's tax bill.

The additional income tax was agreed between the company, the Slovak government and the European Commission last year. The parties agreed to restrict the original tax break given by the Slovak government, the SITA news agency reported.

Finance Minister Ivan Mikloš told journalists after the cabinet session that the funds would be distributed among institutions within Košice and Prešov regional governments to support regional projects.

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Keep your passport at hand on your trip to Austria

There are no internal border controls on the Austrian-Slovak border. Yet, the Austrian police check cars and buses heading to Slovakia.

Slovak police checking cars at the border crossing in Berg, Austria.

Bratislava ice stadium will require €2 million

At the same time, its tenant, ice hockey club Slovan, owes some €1 million in rent.

The Ondrej Nepela ice-hockey stadium during 2011 ice hockey world championship.

Who do Slovaks marry the most among foreigners?

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Italy points to “illegal state aid” as Embraco announces relocation to Slovakia

The decision to shift production follows in the footsteps of US conglomerate Honeywell, which reportedly also plans to close its Italian plant and move to Slovakia.

Embraco plant in Spišská Nová Ves