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Economy

FinMin: Slovak GDP to Increase by 3.3% in 2017, Due to Exceed 4% Later

FinMin: Slovak GDP to Increase by 3.3% in 2017, Due to Exceed 4% Later

Bratislava, June 19 (TASR) – Slovakia’s GDP should grow by 3.3 percent year-on-year in 2017, before accelerating to 4.2 percent in 2018 and 4.4 percent in 2019, according to the latest prognosis of the Finance Ministry released on Monday. While the 2017 outlook hasn’t changed compared

Last Minute Talks to Avert Strike at Volkswagen Slovakia Fail

Last Minute Talks to Avert Strike at Volkswagen Slovakia Fail

Bratislava, June 19 (TASR) – Talks between the Volkswagen Slovakia management and the Modern Trade Union Volkswagen on Monday afternoon aimed at averting a full-fledged strike as of Tuesday morning have failed, TASR has learnt. “The final offer presented by the VW SK management this afternoon was unacceptable for us,” said

Matecna: Retail Chains Recognise High Quality of Slovak Foodstuffs

Matecna: Retail Chains Recognise High Quality of Slovak Foodstuffs

Poprad, June 16 (TASR) – Retail chains recognise that Slovak foodstuffs are coming into fashion, not because of their Slovak origin, but because of their high quality, said Agriculture and Rural Development Minister Gabriela Matecna (a Slovak National Party/SNS nominee) after visiting the production premises of Tatrakon cannery based in

Opposition Turning to Constitutional Court Due to Land Expropriation Law

Opposition Turning to Constitutional Court Due to Land Expropriation Law

Bratislava, June 15 (TASR) – The Opposition is turning to the Constitutional Court due to the law amendment that enables highway construction work on plots of land before they are expropriated, Freedom and Solidarity (SaS) and OLaNO-NOVA MPs told a news conference on Parliament’s premises on Thursday. The two parties

Stats Office: Revenues in Industry Down 3.7 Pecent Y-o-Y in April

Stats Office: Revenues in Industry Down 3.7 Pecent Y-o-Y in April

Bratislava, June 13 (TASR) – Revenues for own activities and goods posted a month-on-month rise only in information and communication services in April 2017, going up 2.1 percent, the Slovak Statistics Office reported on Tuesday. Meanwhile, m-o-m decreases were recorded in the following sectors: in transport and warehousing – by 5.

UniCredit Analysts: Lack of Labour Force to Push Up Salaries in Slovakia

UniCredit Analysts: Lack of Labour Force to Push Up Salaries in Slovakia

Bratislava, June 12 (TASR) – The lack of appropriate labour force currently being experienced by many companies in Slovakia is expected to push up salaries in the country in general, UniCredit Bank Czech Republic and Slovakia analysts stated on Monday. The average gross nominal monthly salary in the first quarter of

Ziga: 2017 Expo in Astana Is Good Opportunity to Promote Slovakia

Ziga: 2017 Expo in Astana Is Good Opportunity to Promote Slovakia

Astana, June 10 (TASR) – Opportunities, such as the international Expo 2017 exposition in Astana, are a good way how to make Slovakia more visible, stated Slovak Economy Minister Peter Ziga, who is heading the Slovak delegation at the opening of this international event in Kazakhstan. “We’ve tried to prepare