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Economy

Fico: I Won’t Have Calm Mind Until Unfair Practices Disappear

Fico: I Won’t Have Calm Mind Until Unfair Practices Disappear

Bratislava, October 13 (TASR) – The problem with double standards in food quality isn’t negligible and certainly doesn’t concern only Slovakia, said Prime Minister Robert Fico in his opening speech at the Summit for Equal Quality of Products for All held in Bratislava on Friday. “I’m openly declaring

Govt: Minimum Monthly Wage to Go Up to €480 Next Year

Govt: Minimum Monthly Wage to Go Up to €480 Next Year

Bratislava, October 11 (TASR) – The minimum wage for next year will grow from the current €435 to €480 per month, up by 10.34 percent, according to the Labour, Social Affairs and the Family Ministry’s proposal passed by the Cabinet at its regular session on Wednesday. The minimum hourly

Fico: Summit in Bratislava Should Tackle Dual-quality Standards

Fico: Summit in Bratislava Should Tackle Dual-quality Standards

Bratislava, October 8 (TASR) – A summit of several European countries entitled ‘For Equal Quality of Products for All’, which is scheduled to take place in Bratislava next Friday, should put pressure on relevant EU bodies and the European Commission to present measures aimed at tackling dual-quality standards of products sold

Beblavy & Mihal: 2018 State Budget Draft Disregards Living Standards

Beblavy & Mihal: 2018 State Budget Draft Disregards Living Standards

Bratislava, October 5 (TASR) – The 2018 state budget draft assumes that the GDP growth in Slovakia will accelerate, while the living standards will somehow be lagging behind, reflecting recent developments with the economic well-being of Slovak households growing at the slowest pace in the Visegrad Four (the Czech Republic, Hungary,

Slovakia's Defence Budget to Reach 1.22 percent of GDP in 2018

Slovakia's Defence Budget to Reach 1.22 percent of GDP in 2018

Bratislava, October 4 (TASR) – The Defence Ministry’s budget in 2018 should reach €1.08 billion, up by 9.29 percent year-on-year, reaching 1.22 percent of Slovakia’s GDP, according to the state budget draft released by the Finance Ministry on Wednesday. At the same time more than €325

Ministries of Interior and Labour Top Receivers of State Money in 2018

Ministries of Interior and Labour Top Receivers of State Money in 2018

Bratislava, October 4 (TASR) – The state budget in 2018 should post a deficit of €1.973 billion, with the overall income projected at €13.983 billion and expenditures at €15.956 billion, according to the state budget draft released by the Finance Ministry on Wednesday. The highest volume of expenditures

Study: Slovak Job Applicants Have Better English than Czechs and Hungarians

Study: Slovak Job Applicants Have Better English than Czechs and Hungarians

Bratislava, October 3 (TASR) – Slovaks in general have better knowledge of English than Czechs and Hungarians, with the larger number of Slovaks reaching the B1 proficiency level, a joint study of TrackTest.eu and Profesia.sk has revealed. “Around 30,000 job applicants from three countries – Slovakia, the Czech Republic