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Economy

Analysts: July Unemployment Reduced by Hunger for New Employees

Analysts: July Unemployment Reduced by Hunger for New Employees

Bratislava, August 21 (TASR) – Demand for new employees and the impact of tougher legislation are the main reasons behind the drop in unemployment in Slovakia in July, analysts told TASR on Monday in reaction to unemployment figures released by the Labour, Social Affairs and the Family Centre (UPSVaR) on Friday

Unemployment Rate Down to 6.7 percent in July 2017

Unemployment Rate Down to 6.7 percent in July 2017

Bratislava, August 18 (TASR) – The unemployment rate in Slovakia stood at 6.7 percent in July, down by 0.2 percentage points (p.p.) month-on-month and by 2.74 p.p. year-on-year, Labour, Social Affairs and the Family Centre (UPSVaR) general director Marian Valentovic announced at a press conference in

Fico Opens Agrokomplex, Addresses Main Challenges of Slovak Farming

Fico Opens Agrokomplex, Addresses Main Challenges of Slovak Farming

Nitra, August 17 (TASR) – The 44th Agrokomplex annual agriculture fair was opened in Nitra on Thursday to run until Sunday, featuring 605 exhibitors from 12 countries in an area of 56,000 square metres. Despite unfavourable climate conditions this year, the corps of densely sown corn wasn’t disastrous in

Analyst: Industrial Growth Decelerated in June, VW Strike Not Only Culprit

Analyst: Industrial Growth Decelerated in June, VW Strike Not Only Culprit

Bratislava, August 11 (TASR) – Slovakia’s industrial growth decelerated in June in line with expectations, and the strike for higher salaries at Volkswagen’s plant in Bratislava was only one of several reasons for this, said UniCredit Bank Czech Republic and Slovakia analyst Lubomir Korsnak in a commentary on Friday.

Slovakia's Deficit in Foreign Trade with Farming Products Falls in 2017

Slovakia's Deficit in Foreign Trade with Farming Products Falls in 2017

Bratislava, August 10 (TASR) – Slovakia’s foreign trade in farming and food products posted a deficit of €490.8 million in January-May 2017, down by 15.8 percent year-on-year, Slovak Agriculture and Food Chamber (SPPK) spokesperson Jana Holeciova told TASR on Thursday. Deficits were up massively in animal products – 57.

FinMin to Continue to 'Aim at Best Value for Money' in R2 Construction

FinMin to Continue to 'Aim at Best Value for Money' in R2 Construction

Bratislava, August 4 (TASR) – Rather than adopt decisions, it falls to analysts to produce analyses and recommendations for the Government and, in so doing, enable it to make the best possible decisions, the Finance Ministry said on Friday amidst discussions devoted to the construction of the R2 expressway. “We understand

Coalition to Stick to Government Manifesto on R2 Expressway

Coalition to Stick to Government Manifesto on R2 Expressway

Bratislava, August 3 (TASR) – The construction of the R2 expressway from Zvolen (Banska Bystrica region) in the direction of Kosice will continue as set out in the Government Manifesto, the leaders of the three coalition parties agreed on Thursday. “We’ve made clear our adherence to making good on the