Spectator on facebook

Spectator on facebook

Renewal of housing fund requires Sk66 billion

FROM 2007 to 2013 around Sk66.1 billion (€1.7 billion) should be invested into the renewal of Slovakia's housing fund, according to a report approved by the Slovak cabinet on October 12, the Pravda daily wrote.

Of the sum, Sk38.3 billion (€985 million) should be invested from the repairs and maintenance funds, specialized building savings banks and banks providing mortgage loans should contribute around Sk24 billion (€62 million).

The Construction Ministry estimated that the public funds for the elimination of systematic malfunctions could reach around Sk800 million (€20.6 million) in the form of funding and the loans from the national housing development fund could reach Sk3 billion (€77 million).

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

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

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.