BUSINESS IN SHORT

Slovakia to send financial aid to Greece

SLOVAKIA will contribute 1.02 percent, or some €300 million, to the total financial aid package for Greece, Slovak Finance Minister Ján Počiatek told the Czech daily Lidové Noviny in an interview published on April 28.

SLOVAKIA will contribute 1.02 percent, or some €300 million, to the total financial aid package for Greece, Slovak Finance Minister Ján Počiatek told the Czech daily Lidové Noviny in an interview published on April 28.

When asked where the Slovak government will get the money, Počiatek replied that the government has some available resources that can be used for this purpose.

If it is not enough, Slovakia might need to borrow the money.

Počiatek said he understands that people do not like the prospect of paying Greece’s debts, especially while Slovakia’s own debt is growing. But he suggested that the public cannot possibly know all the details about the issue at this time.

“Before the public debate begins, formulating the specific conditions under which the credit will be provided to Greece is the most important thing to do. And that still hasn’t happened to date,” he said, as quoted by the TASR newswire.


Top stories

Vast damage after the supercell storm in southern Moravia.

UPDATED: Tornado damaged villages just across the Slovak borders

Czech authorities report five dead, one a native of the Slovak town of Prešov, and hundreds of injured in southern Moravia region.


8 h

News digest: Slovakia ready to help after damaging storm hits neighbours

Bratislava zoo director has resigned due to her citizenship. Purchase of American jet fighters unjustified. Also read about the annual city festival taking place in Bratislava and take a look at the unusual mammatus clouds above the city.


2 h
The Weekend of Open Parks and Gardens has became a popular event in Slovakia

Pandemic highlights the importance of parks and gardens

Parks and gardens across Slovakia will open during the Weekend of Open Parks and Gardens


23 h
The panorama of the High Tatras and the gravel lake between the town of Svit and the village of Batizovce in the Poprad district.

A Slovak castle appears in "Friends: The Reunion"

A brown bear toured a Slovak town. You can now tour a region filled with tasty wine.


7 h