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Economy

EuroGas Wants to Use Rusko's Arrest to Renew Arbitration with Slovakia

EuroGas Wants to Use Rusko's Arrest to Renew Arbitration with Slovakia

Bratislava, October 27 (TASR) – The arrest of and investigation into former economy minister (2002-05) Pavol Rusko could have an international dimension for Slovakia, as a company called EuroGas wants to make use of the situation in order to renew arbitration proceedings against Slovakia concerning the allegedly illegal withdrawal of a

Fico Signs Regulation on Minimum Wage Hike for 2018

Fico Signs Regulation on Minimum Wage Hike for 2018

Bratislava, October 26 (TASR) – Prime Minister Robert Fico (Smer-SD) and Labour, Social Affairs and the Family Minister Jan Richter (Smer-SD) on Thursday jointly inked a regulation according to which the minimum wage for next year will go up from the current €435 per month to €480, an increase of 10.

Solymos: Gabcikovo Power Plant Needs Repairs Worth €144.5 million

Solymos: Gabcikovo Power Plant Needs Repairs Worth €144.5 million

Gabcikovo, October 25 (TASR) – After more than 20 years in operation the Gabcikovo Hydroelectric Power Plant (Trnava region) on the Danube River needs some repairs that will cost more than €140 million, stated Environment Minister Laszlo Solymos (Most-Hid) on Wednesday. Solymos was speaking in Gabcikovo after an away-from-home Cabinet session

Ersek: Highest and Lowest Bid Might be Excluded in Highway Tenders

Ersek: Highest and Lowest Bid Might be Excluded in Highway Tenders

Bratislava, October 23 (TASR) – The highest and lowest price bid might be automatically excluded from highway construction tenders, Transport and Construction Minister Arpad Ersek (Most-Hid) said at the Meeting of Slovak Construction Leaders in Bratislava on Monday. “This is my vision, one of the alternatives that might at least partly

Unemployment Rate Down to 6.42 percent in September

Unemployment Rate Down to 6.42 percent in September

Bratislava, October 20 (TASR) – The unemployment rate in Slovakia stood at 6.42 percent in September, down by 0.12 percentage points (p.p.) month-on-month and by 3.00 p.p. year-on-year, Labour, Social Affairs and the Family Centre (UPSVaR) general director Marian Valentovic told a press conference in Bratislava

Matecna: Very Difficult to Say When Double Food Standards Will Disappear

Matecna: Very Difficult to Say When Double Food Standards Will Disappear

The question of how long double standards in food (and goods) quality will exist on the market is difficult to answer, said Agriculture and Rural Development Minister Gabriela Matecna (a Slovak National Party/SNS nominee) on RTVS’s political discussion programme ‘O pat minut dvanast’ (Five Minutes to Twelve) on

Matecna: Double Standards in Quality Exist; Customer Doesn't Want to Be Fooled

Matecna: Double Standards in Quality Exist; Customer Doesn't Want to Be Fooled

Bratislava, October 13 (TASR) – Double standards in food quality do exist in the EU and consumers are often being deceived by producers, concurred the participants in the Summit on Equal Quality Products for All, which took place in Bratislava on Friday. According to Slovak Agriculture and Rural Development Minister Gabriela