Sign in Subscribe

Michaela Kovacova

Michaela Kovacova

State Finances Almost €800 mn Better than Projected Last Year

State Finances Almost €800 mn Better than Projected Last Year

Bratislava, January 2 (TASR) – State finances performed better than projected last year, with the state budget deficit standing at €1.22 billion in late December 2017, meaning an improvement of €733 million compared to the budget approved for the same year, TASR learnt from the Finance Ministry on Tuesday. According

Kazimir Wins The Banker's 2018 European Finance Minister of the Year

Kazimir Wins The Banker's 2018 European Finance Minister of the Year

Bratislava/London, January 2 (TASR) – Slovak Finance Minister Peter Kazimir has been chosen for the 2018 European Finance Minister of the Year award by British monthly The Banker in recognition of his work and the results accomplished by the Slovak economy, TASR learnt from the Finance Ministry press department on

Slovakia to Face Another Arbitration in Talc Mining Case in 2018

Slovakia to Face Another Arbitration in Talc Mining Case in 2018

Bratislava, December 22 (TASR) – A company called EuroGas next year wants to sue the Slovak Republic again within arbitration proceedings for the alleged illegal withdrawal of a licence for talc mining in Gemerska Poloma (Kosice region), EuroGas managing board chairman Wolfgang Rauball told TASR on Friday. “Based on new evidence

Labour Ministry Submits 3 Options for Bonus Changes to Social Partners

Labour Ministry Submits 3 Options for Bonus Changes to Social Partners

Bratislava, December 21 (TASR) – The social partners are seeking a compromise for increasing work bonuses along with the Labour Ministry and coalition MPs for Smer-SD, said Labour, Social Affairs and the Family Minister Jan Richter (Smer-SD) at a press conference on Thursday. Following the meeting at the ministry, Richter submitted

ARDAL: €4.5 bn Needed to Cover Gov't Debt and Deficit Next Year

ARDAL: €4.5 bn Needed to Cover Gov't Debt and Deficit Next Year

Bratislava, December 20 (TASR) – The total amount needed to cover Government debt and the state budget deficit is projected at €4.5 billion next year, TASR learnt from the Debt and Liquidity Management Agency (ARDAL) on Wednesday. The aforementioned sum stems from the approved state budget for 2018 and is

Parliament Passes Next Year's Budget, Deficit to Drop to 0.83% of GDP

Parliament Passes Next Year's Budget, Deficit to Drop to 0.83% of GDP

Bratislava, December 13 (TASR) – Parliament approved the state budget for next year on Wednesday with 82 MPs voting for the draft and 59 MPs being against it, TASR learnt on the same day. The public finance deficit should for the first time drop below 1 percent next year, specifically to

Coalition to Elevate Constitutional Officials' Salaries through Law on VAT

Coalition to Elevate Constitutional Officials' Salaries through Law on VAT

Bratislava, December 6 (TASR) – Coalition MPs will elevate the salaries of constitutional officials by one euro through an amendment to the law on VAT sponsored by Finance Minister Peter Kazimir (Smer-SD), TASR learnt on Wednesday. Parliamentary finance and budget committee chair Ladislav Kamenicky (Smer-SD) submitted the amending proposal on Wednesday,