Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

World Bank closes its office in Slovakia

SLOVAKIA has achieved enough economic prosperity that it no longer needs a World Bank office in Bratislava.

SLOVAKIA has achieved enough economic prosperity that it no longer needs a World Bank office in Bratislava.

Shigeo Katsu, World Bank Vice President for Europe and Central Asia, arrived in the capital on June 2 to officially close the office, the SITA newswire wrote.

During his stay, he met President Ivan Gašparovič, Finance Minister Ján Počiatek and other state representatives.

“We would like to congratulate the Slovak Republic on its huge success. Soon, Slovakia is awaiting eurozone entry, which is one of the biggest signs of this success,” Katsu said after the meeting with Gašparovič.

Katsu described the institution’s cooperation with Slovakia as very good and expressed his belief that it will continue despite the closure.

Slovakia’s transformation will serve as an example for other countries, such as those in the Balkans, Katsu added.

President Gašparovič suggested a more specific form of cooperation with the World Bank.

“We know that a centre for Europe, Asia and Africa is to be established somewhere in Central Europe,” he said. “That is why I have asked the vice president to keep Slovakia in mind. We would gladly take up this role, as our cooperation has been on a very high level.”

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