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Economy

EU Commission to Ask Council to Sanction Talks on Nord Stream 2

EU Commission to Ask Council to Sanction Talks on Nord Stream 2

Bratislava, May 28 (TASR) – The European Commission will present for approval to the Council of the EU in the next few days a mandate for itself to engage in talks with Russia on constructing the Nord Stream 2 gas pipeline, Commission Vice-president for Energy Union Maros Sefcovic told TASR on

Fico: Foreign Firms Should Say Clearly If They've Encountered Corruption

Fico: Foreign Firms Should Say Clearly If They've Encountered Corruption

Bratislava, May 22 (TASR) – Large foreign businesses should make it clear whether or not they’ve encountered corruption or non-transparent practices while operating in Slovakia, said Prime Minister Robert Fico after receiving key investors at the Government Office in Bratislava on Monday. Turning to Slovakia’s future and its position

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