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Economy

Analysts: Britain Might Receive Support of CEE Countries in Brexit Talks

Analysts: Britain Might Receive Support of CEE Countries in Brexit Talks

Bratislava, January 17 (TASR) – Tuesday’s speech by British Prime Minister Theresa May on Brexit was good news for financial markets, as it has shed light on several aspects surrounding the UK’s departure from the EU, concurred analysts on Tuesday, adding that the overall economic impacts will yet depend

ZAP: Slovakia's Car Output also Exceeded Million Threshold in 2016

ZAP: Slovakia's Car Output also Exceeded Million Threshold in 2016

Bratislava, January 17 (TASR) – Slovakia’s automotive industry exceeded the one million threshold in terms of car output also in 2016, representatives of the Slovak Automobile Industry Association (ZAP) told a news conference on Tuesday. Over 1.04 million vehicles were manufactured at Kia Motors Slovakia, Peugeot Citroen Slovakia and

SNS in Favour of Closing Shops on Public Holidays

SNS in Favour of Closing Shops on Public Holidays

Bratislava, January 14 (TASR) – Work on public holidays – unless required for the essential personnel such as fire-fighters, police officers and doctors – is equivalent to modern-day slavery, and the supra-national retail chains are typically the slaveholders, according to the Slovak National Party (SNS). To this end, SNS – along with its coalition

Analysts Predict Inflation to Pick Up Pace in 2017

Analysts Predict Inflation to Pick Up Pace in 2017

Bratislava, January 13 (TASR) – The annual 0.5-percent drop in consumer prices in 2016 represents a mild deepening of deflation following a drop in prices by 0.3 percent on the year in 2015, Slovenska Sporitelna analyst Katarina Muchova said on Friday. Meanwhile, the annual inflation in December alone was

Kia Made Nearly 340,000 Cars and Record-high 612,000 Engines in 2016

Kia Made Nearly 340,000 Cars and Record-high 612,000 Engines in 2016

Teplicka nad Vahom, January 12 (TASR) – Kia Motors Slovakia produced a record-high 612,900 engines, which represents an annual rise of 5 percent, along with a total of 339,500 passenger cars in 2016, TASR learnt from the car plant’s spokesman Jozef Bace on Thursday, The majority of the

Ersek and RegioJet Don't Agree, Latter Dropping Bratislava-Kosice Route

Ersek and RegioJet Don't Agree, Latter Dropping Bratislava-Kosice Route

Bratislava, January 11 (TASR) – The Transport and Construction Ministry didn’t come to an agreement with private carrier RegioJet at its meeting on Wednesday, and the Czech company will therefore stop serving the Bratislava-Kosice rail route as of January 31, TASR learnt on the same day. “We’ll do our

Fico: We'll Change Criteria for Rental Flats and Increase EKS Threshold

Fico: We'll Change Criteria for Rental Flats and Increase EKS Threshold

Bratislava, January 11 (TASR) – The Government wants to change the parameters concerning the construction of rental flats and to adjust the thresholds that oblige towns and villages to make purchases via the electronic marketplace, concurred Prime Minister Robert Fico and representatives of the Slovak Towns and Villages Association (ZMOS) at