Spectator on facebook

Spectator on facebook

Despite crisis, ARDAL expects no hitches funding state debt

The Finance Ministry's Debt and Liquidity Management Agency (ARDAL) will not issue any Eurobonds this year, as its plans have been thwarted by the crisis in global financial markets, particularly in Europe.

The Finance Ministry's Debt and Liquidity Management Agency (ARDAL) will not issue any Eurobonds this year, as its plans have been thwarted by the crisis in global financial markets, particularly in Europe.

Despite this, the agency should have no trouble funding the state debt until the end of the year. Its head, Daniel Bytčánek, reported that the agency anticipates a state budget deficit at approved levels, meaning Sk32 billion (€1.062 billion). Money to cover this sum is already allocated, so, there should be no problem until the end of the year, he told the SITA newswire. SITA

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

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.