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Economy

Kiska's Campaign Funding Prompts Probe by House's Finance Committee

Kiska's Campaign Funding Prompts Probe by House's Finance Committee

Bratislava, September 20 (TASR) – Parliament’s finance committee will look into the funding of President Andrej Kiska’s successful campaign for the post of head of state in 2013-14, TASR learnt from the committee’s head Ladislav Kamenicky on Wednesday. In so doing, the committee is responding to a controversy

Drucker: Some €80 mn to Feature in 1st Round of Settling Hospital Debts

Drucker: Some €80 mn to Feature in 1st Round of Settling Hospital Debts

Bratislava, September 13 (TASR) – Around €80 million will be used in the first round of settling hospital debts, stated Health Minister Tomas Drucker (a Smer-SD nominee) after the Cabinet session on Wednesday, adding that the money will be used to repay older debts first. Drucker was responding to the Health

State to Spend Hundreds of Millions of Euros on Hospital Debt Settlement

State to Spend Hundreds of Millions of Euros on Hospital Debt Settlement

Bratislava, September 13 (TASR) – The state will give hundreds of millions of euros to hospitals to settle their debts after the Government passed on Wednesday a proposal for their settlement submitted by Health Minister Tomas Drucker (Smer-SD). Hospitals should get up to €585 million from state financial assets for the

Analyst: Robust Household Consumption Boosted Slovak GDP in 2Q17

Analyst: Robust Household Consumption Boosted Slovak GDP in 2Q17

Bratislava, September 5 (TASR) – Slovakia’s economy was boosted in the second quarter of 2017 mainly by household consumption, with the contribution of exports dropping also due to stagnation in the car sector, said UniCredit Bank Czech Republic and Slovakia analyst Lubomir Korsnak on Tuesday. As suggested earlier by figures

Fico: Bratislava to Host Consumer Summit in mid-October

Fico: Bratislava to Host Consumer Summit in mid-October

Bratislava/Lednice, September 4 (TASR) – A consumer summit that will mainly focus on double quality standards of food and unfair trading practices should take place in Bratislava in mid-October, stated Slovak Prime Minister Robert Fico (Smer-SD) at a press conference on Monday. Fico was speaking after a joint session of

Mihal and Beblavy Propose Different Calculation of Minimum Wage

Mihal and Beblavy Propose Different Calculation of Minimum Wage

Bratislava, August 28 (TASR) – Independent MPs Jozef Mihal and Miroslav Beblavy are proposing changes to the way in which the minimum wage is computed with the aim of significantly increasing the take-home earnings of low-income groups, TASR learnt on Monday. In the current set-up of social and health-care levies, the

Association Aims to Introduce Traditional Regional Labels for Food Origin

Association Aims to Introduce Traditional Regional Labels for Food Origin

Nitra, August 25 (TASR) – A civic association called Strong Regions announced on Friday in Nitra region a pilot project entitled Regional Products for Our Shelves, aimed at supporting domestic producers and boosting the presence of regional food products in shops. According to Daniel Balko, one of the project coordinators, the