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Dexia: Ownership Change to Have No Impact on Clients

Bratislava, October 4 (TASR) - Dexia Banka Slovensko won't comment on its sale, as the transaction is between its main share-holder, Dexia group, and potential bidders. "Besides, the sale requires confidentiality among the parties involved," Dexia Banka manager for external communication Michal Furik told TASR. Furik spoke in reaction to the proclaimed interest of the… read more

Mihal: Volkswagen Slovakia Can Be Role Model for Investors

Bratislava, October 4 (TASR) - Volkswagen Slovakia company can serve as a role model for foreign investors, Labour, Social Affairs and Family Minister Jozef Mihal (Freedom and Solidarity/SaS) Jozef Mihal told TASR on Monday after paying a visit to Volkswagen facility in Bratislava. Mihal views the company's preparations for extending its production in Slovakia as especially… read more

J&T Interested In Buying Dexia Banka Slovensko

Bratislava, October 4 (TASR) - J&T Finance Group is interested in acquiring Dexia Banka Slovensko, J&T Finance Group spokesman Maros Sykora confirmed on Monday. The finance group has informed DEXIA SA Brussels, the mother company, about its intentions in a letter, and has initiated the negotiations on buying out the shares of Dexia Banka Slovensko. "J&T group is… read more

Nicholsonova Accuses Tomanova of Inaction on Social Enteprises Issues

Bratislava, October 4 (TASR) - Labour and Social Affairs Ministry State Secretary Lucia Nicholsonova on Monday renewed her criticism of the ministry's previous leadership in connection with its job creation scheme dubbed 'social enterprises', which the current Government describes as inefficient and a waste of money. In addition to her last week's remarks that the operation… read more

Tripartite Doesn\'t Agree on Budget, Trade Unions Emphatically Say No

Bratislava, October 4 (TASR) - The social partners - Government, trade unions and employers - at a tripartite session on Monday didn't find agreement on the 2011 state budget draft, with employers accepting it with certain reservations and trade unionists rejecting it flatly. The Government is set to discuss the draft at its regular policy session on Wednesday. "We… read more

Eight Candidates Running for Mayor of Bratislava

Bratislava, October 4 (TASR) - In total eight candidates are running for the post of Bratislava mayor on November 27, TASR was told by the city electoral commission clerk Anna Hajduchova on Monday. The centre-right coalition SDKU-DS, KDH, SaS, Most-Hid and Civic Conservatives (OKS) has nominated former actress and SDKU-DS MP Magda Vasaryova. Independent mayor of the borough… read more

Ministry to Put Insurers Under Obligation to Insure Property

Bratislava, October 4 (TASR) - Natural disaster-related damages to property exceeding the available state compensation funds have prompted the Interior Ministry to propose preventive measures and a compensation system for extreme situations, according to ministry press release on Monday. The ministry's experience has shown that many Slovaks do not take the risk of natural… read more

Tour Operators Present Slovakia to US Travel Agencies

Bratislava/New York, October 3 (TASR) - The Slovak Tourist Board (SACR) and local tour operators staged a three-day road show late last week in New York, presenting U.S. travel agencies from the cities of Boston, Minneapolis and Dallas with tourist opportunities in Slovakia. "A total of 130 travel agencies were interested in learning about Slovakia," said Peter Petian… read more

Interior Ministry Monitoring Potential Terrorist Threat in Europe

Bratislava, October 3 (TASR) - A spokesman for Slovakia's Interior Ministry said Sunday that it is monitoring the on-the-ground situation after the United States and Britain warned their citizens of an increased risk of terrorist attacks in Europe earlier in the day. "We will release any information obtained which the public should know about," according to ministry's… read more

Harabin Continues to Block FinMin\'s Efforts to Audit Supreme Court

Bratislava, October 3 (TASR) - Supreme Court Chairman Stefan Harabin, who has been barring Finance Ministry auditors from carrying out an audit at the court for several weeks, is sticking to his argument that such an audit can only be conducted by the independent Supreme Audit Office (NKU). In Harabin's view, this is the only way to secure the objectivity of the audit,… read more

Figel: Works on Missing Sections of D1 Highway to Begin in Spring 2011

(STV, October 3, 'O 5 Minut 12') Works on two missing D1 highway sections to complete the road between Dubna Skala and Presov (Presov region) should be launched in spring 2011, Transport Minister Jan Figel announced on STV weekly debate show 'O 5 Minut 12' (5 Minutes to 12) on Sunday. "We'll kick off the tender by the end of November," said Figel. However,… read more

Genertel to Launch Operations in Slovakia This Month

Bratislava, October 2 (TASR) - The Slovak unit of the online-only insurer Genertel Insurance Ltd will step into the local market later in October with the direct sales of mandatory third-party liability insurance, its director Miroslav Chovan has said. Genertel Insurance Ltd. will provide its services using direct channels such as internet and fixed-line telephony used… read more

Slovaks Appreciate Euro More than Other Eurozone Members

Bratislava, October 2 (TASR) - Slovaks view the common European currency more positively than people in other eurozone countries, with 64 percent of Slovaks welcoming it compared to the eurozone average of 38 percent. The findings come from a recent 'Transatlantic Trends' survey carried out in 11 EU countries, the USA and Turkey in June involving 1,000 respondents in… read more

Housing Banks Up in Arms Over Plan to Scrap Housing Saving System

Bratislava, October 2 (TASR) - Leading housing savings banks in Slovakia have voiced their opposition to Finance Minister Ivan Miklos's bill to cancel a system under which the clients can, after six years, take out their savings with the end-of-year bonus accrued over the period and use it for the purpose of their own choosing. Prva Stavebna Sporitelna (PSS) savings bank… read more

More and More Slovak Firms Register HQs in Tax Havens

Bratislava, October 2 (TASR) - There are annually 42 percent of entrepreneurs doing business in Slovakia but registering the site of their enterprise in low-tax countries known as tax havens, a tax analyst has told TASR. The number of firms moving headquaters abroad, mainly to Netherlands and Cyprus, continues to increase by 15 percent on the year despite Slovakia's adoption… read more