Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Central bank keeps key interest rates on hold in April

THE NATIONAL Bank of Slovakia (NBS) left interest rates unchanged in April, confirming analysts' expectations that it will not harmonise rates with the European Central Bank before Slovakia's entry into the Eurozone is confirmed, the SITA newswire wrote.

THE NATIONAL Bank of Slovakia (NBS) left interest rates unchanged in April, confirming analysts' expectations that it will not harmonise rates with the European Central Bank before Slovakia's entry into the Eurozone is confirmed, the SITA newswire wrote.

Following the NBS Bank Board's meeting on April 29, the two-week sterilisation repo rate remains at 4.25 percent p.a., which is 25 basis points above the current rate in the Eurozone. The one-day sterilisation repo rate is 2.25 percent p.a. and the one-day refinancing rate is 5.75 percent p.a.
The central bank has kept interest rates stabile since last April.

Top stories

End of investigative show a cause for concern

Media freedom watchdogs believe the scrapping of the only investigative show on public-service television is a threat to its independence.

Jaroslav Rezník

Proxy for Roma criticises minister Kaliňák for ethnical and group discrimination

The government proxy slammed Interior Minister Robert Kaliňák for the draft law on repressing criminality in Roma settlements, for populist discrimination and preferring repression to prevention.

Roma communities, illustrative stock photo

Slovak racer Svitko finished at Dakar Video

After a serious fall in the tenth leg, Slovak motorcyclist Štefan Svitko resigned from the 40th year of the Dakar Rally due to pain in his upper body.

Štefan Svitko

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.