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IN SHORT

Eurofunds considered taxable income

NEW EU rules that govern the obtaining of money from Eurofunds will come into effect as of 2007, the daily SME reported.

The rules stipulate that organizations will have to begin paying tax on money they receive from Eurofunds, with the exception of the European Social Fund.

This may make the obtaining of funding for town and village projects and for non-profit organizations, more difficult. They could also block investment in the construction of roads and railways, and in projects to improve the environment.

Slovakia faces stiff competition from southern European countries for European funding. Slovakia's competitors have more experience in fighting for subsidies.

Top stories

How did Communism happen in Czechoslovakia?

For the 40 years, Czechs and Slovaks would celebrate February 25 as Victorious February, even though the enthusiasm of most of those who supported Communists in 1948 would very quickly evaporate.

Prime Minister Klement Gottwald (right) swears an oath into the hands of President Edvard Benes on February 27, 1948 at the Prague Castle.

Cemetery with a remarkable creative concept Photo

The shapes of tombstones were prescribed until 1997

Vrakuňa Cemetery in Bratislava

Being young is harder than it used to be

The failure of older generations to sympathise with youth means politics are primarily a contest of who can hand out more gifts to old people.

Young Slovaks have problems finding proper jobs.

Historian: After 1948, Czechoslovakia was paralysed with fear

On February 25, Czechs and Slovaks mark 70 years since the rise of Communism in their common state. Historian Jan Pešek talks about the coup and its aftermath.

Demonstration in Prague, Wenceslas' Square, on February 28, 1948.