Spectator on facebook

Spectator on facebook

IN SHORT

Ministry predicts lower GDP deficit

THE GENERAL government deficit, without the influence of the second pension pillar, should be 3.34 percent of GDP at the end of this year, according to the Finance Ministry. This would be 0.06 percent below the original projection for 2005 according to the ministry, the SITA news agency wrote.

The better general government performance will result mainly from a Sk3.8 billion (€97 million) lower than projected state budget deficit.

The ministry expects a worse than planned performance of the social insurer Sociálna poisťovňa, where the shortfall should be as high as Sk7 billion (€178 million).

The tax revenues should be Sk0.8 billion (€20 million) higher than budget planned.

Top stories

Discussion about road project becomes emotional

Analysts want more alternatives for the road from Zvolen to Košice to be assessed

The protest at Soroška

Slovakia commemorates the 1968 invasion. Here’s what it looked like Photo

Anniversary of the Warsaw Pact troop invasion that ended the Prague Spring.

Garth: We need a deal that will benefit both

“When I talk to the Brits living in Slovakia, they are quite relaxed about things,” UK Ambassador to Slovakia Andrew Garth says about the Brexit-related concerns.

UK Ambassador to Slovakia Andrew Garth

“Natural police” to protect nature and animals

Those who commit crimes against the environment should watch out.

Illustrative stock photo