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Economy

Ziga: 29 Investment Projects Worth €930 mn Brought to Slovakia in 2016

Ziga: 29 Investment Projects Worth €930 mn Brought to Slovakia in 2016

Bratislava, January 2 (TASR) – Last year saw Slovakia recording its best results in five years in terms of the number of new jobs and their composition, and it appears that its stable and predictable business environment and legislation make Slovakia an attractive country for foreign investors, Economy Minister Peter Ziga

Banks and Financials Now Required to Be More Prudent in Loan Provision

Banks and Financials Now Required to Be More Prudent in Loan Provision

Bratislava, January 2 (TASR) – Financial institutions need to be more prudent when providing loans now that an amendment to the Consumer Loans Act has taken effect as of January 1. The piece of legislation was drafted to accommodate recommendations by the Slovak central bank (NBS) from 2014 to introduce more

NKU to Focus on ESO, European Funds and Universities in 2017

NKU to Focus on ESO, European Funds and Universities in 2017

Bratislava, December 26 (TASR) – Reform of the ESO public administration system, European funds for informatisation, universities and legal services for the state will be subjects of scrutiny for the Supreme Audit Office (NKU) next year, TASR has learnt from NKU chair Karol Mitrik. NKU has gradually been abandoning financial inspections

UDZS Approves Revival Plan for Vseobecna zdravotna poistovna

UDZS Approves Revival Plan for Vseobecna zdravotna poistovna

Bratislava, December 22 (TASR) – The Health Care Supervisory Office (UDZS) has approved a revival plan submitted by state-owned health insurer Vseobecna zdravotna poistovna (VsZP), which is expecting a record loss this year, TASR learnt on Thursday. “The Office has concluded that the proposed measures represent realistic prospects for the gradual

Most of PPS Group Detva Employees Support Joining Strike

Most of PPS Group Detva Employees Support Joining Strike

Detva, December 22 (TASR) – Employees of engineering company PPS Group Detva (Banska Bystrica region) on Thursday voted in favour of going on strike, according to a statement sent to TASR on the same day. Almost 87 percent of the 800 employees of PPS Group Detva participated in the vote. Of

Fico: We Managed to Cross Another Threshold in Reducing Unemployment

Fico: We Managed to Cross Another Threshold in Reducing Unemployment

Bratislava, December 20 (TASR) – The unemployment rate in Slovakia has decreased to 8.78 percent chiefly thanks to active measures employed by the Government to support the labour market, Prime Minister Robert Fico (Smer-SD) told a news conference in Bratislava on Tuesday. “We’ve managed to cross another threshold, and

Galek: SaS Doesn't Want to Shut Down Mines

Galek: SaS Doesn't Want to Shut Down Mines

Novaky, December 17 (TASR) – The Opposition Freedom and Solidarity (SaS) party doesn’t want to shut down Upper Nitra Mines Prievidza (Hornonitrianske bane Prievidza/HBP), SaS MP Karol Galek told TASR on Saturday. Galek was responding to Prime Minister Robert Fico’s statements uttered earlier today that SaS just wants