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Economy

NBS: 8-percent Deductions Won't Shake Insurers

NBS: 8-percent Deductions Won't Shake Insurers

Bratislava, November 24 (TASR) – The expansion of 8-percent state levies to cover all non-life insurance policies, due to concern only new contracts as of January 2017, won’t affect the stability of insurance companies, the Slovak central bank (NBS) stated on Thursday. Parliament earlier this week adopted a bill to

NBS: Profits of Slovak Banks to Fall in Next Few Years

NBS: Profits of Slovak Banks to Fall in Next Few Years

Bratislava, November 24 (TASR) – The Slovak financial sector has maintained its high resilience to external shocks, with all banks in Slovakia having enough of their own resources at their disposal and also meeting all capital criteria with comfortable margins, said the central bank’s (NBS) financial market supervision department director

Business Europe Figures Discuss Brexit, Trump and Economy with Kiska

Business Europe Figures Discuss Brexit, Trump and Economy with Kiska

Bratislava, November 24 (TASR) – Slovak President Andrej Kiska on Thursday received heads of European employers’ associations (Business Europe) to discuss chiefly the possible effects of Brexit on the European economy, US-EU relations after the American presidential election and the EU’s competitiveness, TASR learnt on the same day. According to

Chovanec: SMEs Make Up 99.9% of All Business Entities in Slovakia

Chovanec: SMEs Make Up 99.9% of All Business Entities in Slovakia

Bratislava, November 24 (TASR) – Small and medium-sized enterprises (SMEs) make up 99.9 percent of all business entities in Slovakia, stated Economy Ministry State Secretary Rastislav Chovanec at the beginning of the 5th SME Assembly 2016 conference dedicated to SMEs that began in Bratislava on Thursday. The two-day event, organised

Kiska in France Encourages for Further French-Slovak Economic Cooperation

Kiska in France Encourages for Further French-Slovak Economic Cooperation

Paris/Bratislava, November 22 (TASR correspondent) – Slovakia’s great advantage, which is often appreciated by foreign investors, is its quality labour, stated Slovak President Andrej Kiska at a meeting with representatives of the MEDEF (Movement of the Enterprises of France) business association on Tuesday, as part of the programme for

Stats Office: Consumer Mood in Slovakia Best Since February 2008

Stats Office: Consumer Mood in Slovakia Best Since February 2008

Bratislava, November 22 (TASR) – The consumer atmosphere in Slovakia improved again in October, rising by 0.4 points month-on-month with seasonal effects taken into account, reaching the best figure since February 2008, the Statistics Office reported on Tuesday based on a survey done on a sample of 1,200 respondents.

Fico: State to Force Regions to Adjust Schools to Needs of Labour Market

Fico: State to Force Regions to Adjust Schools to Needs of Labour Market

Banska Bystrica, November 21 (TASR) – Prime Minister Robert Fico on a tour of Banska Bystrica on Monday announced that he’ll meet regional governors early next month to deal with a long-term problem involving discrepancies between education provided by secondary schools and the needs of the labour market. While there