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Economy

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

Kazimir: Slovakia Ready to Help Croatia to Implement Euro

Kazimir: Slovakia Ready to Help Croatia to Implement Euro

Zagreb, December 11 (TASR correspondent) – Slovakia is ready to advise Croatia on its efforts to implement the euro currency and support the country in the corresponding approval process within European institutions, stated Slovak Finance Minister Peter Kazimir (Smer-SD) as part of his working trip to Croatia on Monday. Kazimir in

Fico: Gov't Preparing Constitutional Amendment to Embed Social Rights

Fico: Gov't Preparing Constitutional Amendment to Embed Social Rights

Martin, December 9 (TASR) – Preparations for amending the Slovak Constitution have been launched in response to the adoption of the European Pillar of Social Rights by EU leaders in Gothenburg in November, to embed in the Slovak legal system the right for minimum wage, the upper retirement age and the

First Year of Fin.TechSummit Attracts Representatives from Almost All of Europe to Bratislava

First Year of Fin.TechSummit Attracts Representatives from Almost All of Europe to Bratislava

********************************************************************* The present material is a press release provided as part of the Original Text Service and the News Agency of the Slovak Republic (TASR) cannot be held responsible for its content. ********************************************************************* The first year of Fin.TechSummit attracted representatives from almost all of Europe to Bratislava and presented how modern

Fico: Salaries of Constitutional Officials to Go up €1 as of Next Year

Fico: Salaries of Constitutional Officials to Go up €1 as of Next Year

Bratislava, December 5 (TASR) – Salaries of constitutional officials will go up €1 as of January 2018 and Parliament will resolve their unfreezing through an amending proposal to any other law, Prime Minister Robert Fico (Smer-SD) said following a meeting of coalition caucuses in Parliament on Tuesday. “There is a clear

Analysts: Households and Investments Pulled Slovak GDP Up in 3Q17

Analysts: Households and Investments Pulled Slovak GDP Up in 3Q17

Bratislava, December 5 (TASR) – Not only households, but also investments pulled Slovakia’s economy up in the third quarter of 2017, UniCredit Bank Czech Republic and Slovakia analyst Lubomir Korsnak stated on Tuesday. Domestic demand in 3Q17 was bolstered by all components except for government consumption, which was down by

Chovanec: RIA 2020 Strategy to Neaten Legislative Setting for Business

Chovanec: RIA 2020 Strategy to Neaten Legislative Setting for Business

Bratislava, December 1 (TASR) – The Economy Ministry’s RIA 2020 regulatory strategy, due to be dealt with by the Government in January, should arrange more efficiently the legislative framework for business, Economy Ministry State Secretary Rastislav Chovanec said at a seminar at the American Chamber of Commerce (AmCham) in Bratislava