Spectator on facebook

Spectator on facebook

NEWS IN SHORT

Price council finds increases

THE PRICE Council, an advisory authority to the Slovak Cabinet to monitor the development of prices prior to the introduction of the euro, held its first session on October 29.

THE PRICE Council, an advisory authority to the Slovak Cabinet to monitor the development of prices prior to the introduction of the euro, held its first session on October 29.

Its members defined three sectors that require more attention due to recent price increases. Council head Peter Mihók declared that the Finance Ministry’s report on inflation hinted at unusual price development in dental services, charges for driving courses and parking fees, the SITA newswire wrote.

The council asked the appropriate ministers and the head of the Association of Slovak Towns and Villages (ZMOS) to draw up analyses for an investigation into this development.

The council will discuss any specific reasons for the increases at its next session in late November.
Prices in these segments rose by more than 18 percent year-on-year and the council intends to examine whether there is any link to euro adoption. The situation may also reflect certain objective facts, such as that these prices were significantly below levels in surrounding countries. Mihók evaluated the overall development of inflation in Slovakia as average. He clarified that the council’s activities are preventative.

The Finance Ministry stated that dental services have been on an upward trend for months, with prices rising 18.5 percent year-on-year. The prices of driving courses jumped 19.3 percent year-on-year, showing no response to the falling cost of motor fuels. The rise in parking fees is probably linked to the growing demand for parking and the small selection of parking lots.

Top stories

Keep your passport at hand on your trip to Austria

There are no internal border controls on the Austrian-Slovak border. Yet, the Austrian police check cars and buses heading to Slovakia.

Slovak police checking cars at the border crossing in Berg, Austria.

Bratislava ice stadium will require €2 million

At the same time, its tenant, ice hockey club Slovan, owes some €1 million in rent.

The Ondrej Nepela ice-hockey stadium during 2011 ice hockey world championship.

Who do Slovaks marry the most among foreigners?

Mixed marriages are still quite rare among Slovaks compared to elsewhere in the EU. Slovak women are more likely to marry foreigners than Slovak men. Here is why.

Italy points to “illegal state aid” as Embraco announces relocation to Slovakia

The decision to shift production follows in the footsteps of US conglomerate Honeywell, which reportedly also plans to close its Italian plant and move to Slovakia.

Embraco plant in Spišská Nová Ves