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Economy

Budget26: SK8 Association Rejects Draft 2026 State Budget

Budget26: SK8 Association Rejects Draft 2026 State Budget

Kosice, 9 October (TASR) - The Self-governing Regions Association SK8 rejects the draft state budget for next year, SK8 chairman and Trnava region governor Jozef Viskupic reported after an SK8 meeting in Kosice on Thursday, adding that the association will send a unified position to the Finance Ministry and will

Fico: Slovak Government to Suggest Revision of Combustion Engines Ban

Fico: Slovak Government to Suggest Revision of Combustion Engines Ban

Premier Robert Fico intends to propose to Hungarian Premier Viktor Orban that the latter, as the premier of the presiding country, should convene a V4 meeting on the issue of revising the planned ban on combustion engines before the European Council (EC) meeting scheduled for 23 and 24 October.

President Pellegrini Signs Consolidation Package after Meeting Premier Fico

President Pellegrini Signs Consolidation Package after Meeting Premier Fico

Bratislava, 8 October (TASR) - President Peter Pellegrini has decided to sign the package of consolidation measures for next year, the President's Office reported on Wednesday following a "constructive conversation" between the head of state, Prime Minister Robert Fico and Finance Minister Ladislav Kamenicky (both Smer-SD)

Fico: Military Hospital Construction in Presov on Track for 2027 Completion

Fico: Military Hospital Construction in Presov on Track for 2027 Completion

Presov/Bratislava, 5 October (TASR) – The construction of the new military hospital in Presov is progressing according to plans, as the Defence Ministry and the responsible project team have set up the process to ensure the hospital will be completed and ready for handover in 2027, Prime Minister Robert Fico

RRZ Lowers Slovak Economic Growth Forecasts for 2025 and 2026

RRZ Lowers Slovak Economic Growth Forecasts for 2025 and 2026

Bratislava, 2 October (TASR) – The Council for Budgetary Responsibility (RRZ) has revised downward its economic growth expectations for both the current and following year, citing a harsher-than-expected impact of ongoing fiscal consolidation on the Slovak economy, as well as the structure of the planned consolidation package for next year. The

MPs Definitively Okay Law on Targeted Energy Assistance for Households

MPs Definitively Okay Law on Targeted Energy Assistance for Households

Bratislava, October 1 (TASR) – MPs on Wednesday definitively approved a new law on targeted energy assistance. The law was debated via a fast-tracked legislative procedure. Households will receive targeted assistance starting next year, and the current across-the-board compensation for energy costs will end at the end of this year. "

Rasi: MPs' Salaries to Be Frozen Next Year

Rasi: MPs' Salaries to Be Frozen Next Year

Bratislava, 18 September (TASR) – Salaries and flat-rate allowances for members of Parliament will be frozen next year, and along with 10-percent higher taxation in comparison to that faced by ordinary people, this will result in an effective reduction in their incomes, House Chair Richard Rasi (Voice-SD) announced on Thursday alongside