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New controls on Chinese t-shirt imports

THE SLOVAK Trade Inspection, in cooperation with the Slovak customs authorities, launched an operation focussing on controlling cheap Southeast Asian textile imports. Inspectors are primarily checking documents that prove the imports meet consumer protection laws.

The inspection agency says most of Slovakia’s Southeast Asian textile imports are illegal, the Hospodarske Noviny daily wrote. The illegal goods and textiles lack labelling in accordance with consumer protection laws and are therefore considered a health hazard.

Title: Slovakia: Is it becoming a debtor nation?

BANK analysts at Slovenska sporitelna and Bank Austria Creditanstalt say that
Slovak debt will double within the next four years. They predict that at the end of 2008, every Slovak will have at least Sk50,000 (€1,300) in loans.

At this rate, Slovaks would have twice the debt as other countries of East and Central Europe, the Pravda daily reported. Hungary, the Czech Republic and Slovenia, however, are expected to exceed Slovakia’s borrowings.

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

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