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Slovakia

NBS governor considers intervention a success

The governor of the Slovak National Bank (NBS), Ivan Sramko, said the intervention on Monday 10 January by the central bank against the strong crown was a success. Following Wednesday's Cabinet meeting, Sramko told reporters he believed the interventions…

National Bank of Slovakia - Annual Report 2003

The National Bank of Slovakia has published its Annual Report for the year ended 2003. A factor stabilising the Slovak economy in 2003 was the launch of the process of consolidation in public finances, causing the ratio of the public sector deficit to…

ECB welcomes the new EU Member States

On 1 May the European Union will have ten new Member States, the Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Slovenia and Slovakia. In a press release Friday, Jean-Claude Trichet welcomed the ten saying "We look forward to…

Slovakia to take small coins out of use

The National Bank of Slovakia is to remove from circulation 10 and 20 halier coins over the next five years, The Slovak Spectator reported. The NBS said the small haliers are too expensive to produce.

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