Economy

Bratislava, July 3 (TASR) – Slovakia’s state budget posted a deficit of €818.9 million at the end of June, down by €82.5 million year-on-year, the Finance Ministry reported on Monday. The state budget expenditures fell over the same period by €396 million y-o-y. Meanwhile, income also fell – by

Bratislava, June 29 (TASR) – The state is expected to collect less in taxes and payroll levies over the next couple of years – by €242 million this year, by €231 million next year, by €200 million in 2019 and by €169 million in 2020, according to the latest prognosis that the

Bratislava, June 28 (TASR) – Projects aimed at building so-called smart cities will be eligible for state assistance, according to a pilot support scheme for experimental development and innovations towards building of smart cities that the Government okayed on Wednesday. “The proposal is designed to set the stage for pilot support

Seoul, June 26 (TASR-correspondent) – Parliamentary Chairman Andrej Danko (Slovak National Party/SNS) held talks with officials from Samsung and Kia Motors Corporation in South Korea’s capital Seoul on Monday. A Slovak parliamentary delegation discussed the need for educational processes and new recruitment with Samsung representatives, while Kia representatives voiced

Bratislava, June 26 (TASR) – The strike that took place at Volkswagen Slovakia last week was unnecessary, as the new collective agreement has basically returned to the company’s proposal from April, stated Volkswagen Slovakia management (VW SK) at a press conference on Monday. The trade union argued that only thanks

Krompachy, June 26 (TASR) – Krompachy is beset by the same problems as many other towns in eastern Slovakia’s Spis area, said President Andrej Kiska when visiting the town in Kosice region on Monday and singled out unemployment as one such major headache. “Krompachy used to be home to a