Spectator on facebook

Spectator on facebook

State ends May Sk3 billion in the red

Slovakia's state budget posted a deficit of Sk3.097 billion (€102 million) at the end of May, following a surplus of Sk7.759 billion (€256 million) on April 30, State Treasury spokesperson Martina Hujová told the TASR newswire on June 2.

Slovakia's state budget posted a deficit of Sk3.097 billion (€102 million) at the end of May, following a surplus of Sk7.759 billion (€256 million) on April 30, State Treasury spokesperson Martina Hujová told the TASR newswire on June 2.

Compared to the same period in 2007, however, when the budget posted a deficit of Sk13.050 billion (€431 million), this represents an improvement of Sk9.953 billion (€329 million).

Budget revenues for the first five months of this year amounted to Sk133.278 billion (€4.401 billion), which is 38.3 percent of the total planned sum for this year of Sk348.252 billion (€11.5 billion). Budget expenditures for the same period reached Sk136.375 billion (€4.504 billion), which accounts for 35.9 percent of the budgeted sum for 2008 of Sk380.233 billion (€12.556 billion).

For all of 2008, the state budget is projected to post a deficit of Sk31.981 billion (€1.056 billion).

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

Top stories

Preparation of young journalists lags

Editors and students complain about the lack of practical training at journalism schools and missing links with the realities of the media market.

International students travel to attend world leading universities. So they did in the past.

Raslavice village creates jobs; constructs wellness centre

By using eurofunds and state aid new Mayor of Raslavice Marek Rakoš thus created some 80 jobs in two years.

Fico: We are ready to discuss the 13th salary

The prime minister also presented reasons why Slovakia should be in the EU core.

PM Robert Fico

Meucci: Italy is not going through a catastrophe

Gabriele Meucci has been serving as the Italian Ambassador to Slovakia since January this year. He says that Slovakia is a haven for Italian investors but recently also for Italians coming here to work.

Italian Ambassador to Slovakia Gabriele Meucci