BUSINESS IN SHORT

Počiatek named top European FinMin

A BRITISH financial magazine, The Banker, has named Slovakia’s Ján Počiatek the European Finance Minister of the Year, the Slovak Finance Ministry announced on January 6.

A BRITISH financial magazine, The Banker, has named Slovakia’s Ján Počiatek the European Finance Minister of the Year, the Slovak Finance Ministry announced on January 6.

Počiatek was selected by the magazine’s editorial team based on an overall evaluation, but Slovakia’s adoption of the euro also apparently played an important role in the selection.

The magazine lauded Počiatek’s approach to the consolidation of Slovakia’s public finances, which enabled the country to fulfill the Maastricht criteria. It also commended Počiatek’s efforts to achieve long-term sustainability for Slovak finances and the trust that they engendered in the international financial markets last year. The fact that Slovakia became the first Visegrad Four country to adopt the euro apparently clinched the selection.

Philip Alexander, editor of The Banker, complimented Počiatek for his cautious monetary policy in the face of the worldwide financial crisis and the threat of high inflation.

Počiatek’s predecessor, Ivan Mikloš, received similar awards during his tenure. He was named the world’s best finance minister by the magazine Euromoney in 2004.


Get daily Slovak news directly to your inbox

Top stories

News digest: Who is ready for a vaccine in Slovakia

Vlhová won again. Boris Kollár is at home and will meet coalition partners to discuss GP vote. Justice Minister shows a new map.

Illustrative stock photo

Roundup: Bratislava’s Old Market Hall hosts Christmas markets

If you have not watched the 'Dracula' miniseries, filmed in Slovakia last year, it is about time.

Bratislava’s Old Market Hall will provide visitors with Christmas vibes in the coming four weeks. Each week, from Wednesday to Saturday, people can do a little bit of Christmas shopping at the venue.

From COVID-19 miracle to apparent resignation to death and dying

The natural reflex of all failed politicians – and their uncritical fan clubs – is to point to cultural or geographical differences between “us” and “them”.

The COVID-19 ward in the University Hospital Martin