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Economy

Fico: Cabinet Eyeing Unemployment Rate of Less than 7 percent

Fico: Cabinet Eyeing Unemployment Rate of Less than 7 percent

Bratislava, May 19 (TASR) – The Government is looking to cut the unemployment rate in Slovakia to below 7 percent post-haste, said Prime Minister and Smer-SD party chairman Robert Fico at a press conference on Friday. “Our strategic goal is to reach, as soon as possible, an unemployment rate that starts

Kiska Vetoes Legislation Amending Expropriation Proceedings

Kiska Vetoes Legislation Amending Expropriation Proceedings

Bratislava, May 18 (TASR) – President Andrej Kiska has vetoed legislation designed to enable the state to start a certain amount of construction work on land on which future highways and other roads are to be built even before it’s expropriated, TASR learnt from the President’s Office on Thursday.

Two Companies in Dubnica Marking 80 Years of Engineering

Two Companies in Dubnica Marking 80 Years of Engineering

Dubnica nad Vahom, May 18 (TASR) – Dubnica-based engineering companies ZVS Holding and ZTS Special are returning pride and honour to the defence industry, which used to form an irreplaceable part of the country’s industry in the past, stated Prime Minister Robert Fico (Smer-SD) in Dubnica nad Vahom (Trencin region)

Stats Office: EU-harmonised Inflation at 0.8 Percent in April

Stats Office: EU-harmonised Inflation at 0.8 Percent in April

Bratislava, May 17 (TASR) – EU-harmonised inflation in Slovakia stood at 0.8 percent year-on-year in April, the Slovak Statistics Office announced on Wednesday. Meanwhile, the average harmonised inflation rate for the 12-month period ending in April 2017 amounted to zero. As for monthly developments in April, the index of consumer

Analysts: GDP Growth Early This Year Matched Expectations

Analysts: GDP Growth Early This Year Matched Expectations

Bratislava, May 16 (TASR) – Slovakia’s economy kept up a pace of growth in the region of 3 percent early into this year, having benefited from the continued pick-up in foreign and domestic consumer demand, said UniCredit Bank Czech Republic and Slovakia analyst Lubomir Korsnak on Tuesday. Korsnak was speaking

Analysts: Inflation Should Accelerate Again after Slowdown in April

Analysts: Inflation Should Accelerate Again after Slowdown in April

Bratislava, May 15 (TASR) – While inflation slowed down in April, it should resume a mild acceleration in May, TASR learnt from UniCredit Bank Czech Republic and Slovakia analyst Lubomir Korsnak on Monday. The stats office announced earlier on Monday that consumer prices in Slovakia increased by 0.8 percent year-on-year

HB Reavis Launches Construction of New Bus Station in Bratislava

HB Reavis Launches Construction of New Bus Station in Bratislava

Bratislava, May 15 (TASR) – Real estate developer HB Reavis on Monday announced the launch of construction work on a project called Stanica Nivy that is aimed at replacing Bratislava’s existing main bus station in the area known as Mlynske Nivy. Beginning with the construction of a 125-metre office building