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Economy

FinMin: Slovakia's Public Finance Deficit in 2017 Lowest Ever

FinMin: Slovakia's Public Finance Deficit in 2017 Lowest Ever

Bratislava, April 23 (TASR) – Slovakia in 2017 posted its lowest annual public finance deficit ever, reaching a mere 1.04 percent of GDP, which was well below the Finance Ministry’s projected goal of 1.29 percent of GDP, the FinMin reported on Monday with reference to the Eurostat’s

Slovak Rum Gets Temporary Exemption from Cancer-related Ban in EU

Slovak Rum Gets Temporary Exemption from Cancer-related Ban in EU

Bratislava, April 21 (TASR) – Slovakia and the Czech Republic have been given a five-year transitory period for using the recipe of a local sugar-beet rum, called since the two countries’ accession to the European Union in 2004 as ‘tuzemak’ or ‘tuzemsky um’, after the EU recently banned the use of

Uber to Appeal against Court Ban from Operating Taxi Service

Uber to Appeal against Court Ban from Operating Taxi Service

Bratislava, April 13 (TASR) – Uber will appeal against a court ban from operating its taxi service in Slovakia via people and vehicles that fail to meet the requirements set by Slovak legislation, Miroslava Jozova, Uber’s spokeswoman for Slovakia and the Czech Republic, has confirmed for TASR. “At the moment

Matecna: Up to 83% of Slovaks Consider Double Quality to Be Problem

Matecna: Up to 83% of Slovaks Consider Double Quality to Be Problem

Bratislava, April 12 (TASR) – Up to 83 percent of Slovaks consider double standards in quality to be a problem, and as many as 57 percent of Slovaks prefer a higher price and at the same time better quality, Vice-premier and Agriculture and Rural Development Minister Gabriela Matecna (a Slovak National

Kiska: Country's Economic Success Depends on Investment in Education

Kiska: Country's Economic Success Depends on Investment in Education

Seoul/Bratislava, April 10 (TASR-correspondent) – In order for the country to be among the world’s most advanced economies, investments in education, young people and innovation are needed, stated Slovak President Andrej Kiska on Tuesday after meeting South Korean President Moon Jae-in in Seoul as part of his official visit

Kia Trade Unionists Declare Strike Alert

Kia Trade Unionists Declare Strike Alert

Teplicka nad Vahom, April 10 (TASR) – KOVO trade union KIA Zilina announced a strike alert on Tuesday after failing to agree with the management of carmaker Kia Motors Slovakia on an amendment to the 2018 collective agreement. According to KOVO trade union KIA Zilina chief Miroslav Chladek, the strike alert

SPPK: Farm Subsidies Make Foodstuffs Affordable

SPPK: Farm Subsidies Make Foodstuffs Affordable

Bratislava, April 10 (TASR) – Farm subsidies aren’t provided solely in Slovakia, but also in other countries around the world, said Slovak Agricultural and Food Chamber (SPPK) chair Milan Semancik during his meeting with media on Tuesday. “Subsidies are provided in order to stabilise the incomes of farmers as such