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Economy

Vazny: We Managed to Accelerate Drawing of European Funds

Vazny: We Managed to Accelerate Drawing of European Funds

Bratislava, February 8 (TASR) – Vice-premier for Investments Lubomir Vazny sees an accelerated conclusion of contracts, the drawing of European Funds and the prevention of huge losses of money from Brussels as the chief successes achieved during his term in office, TASR has learnt. The priority task after I assumed my

Prime Minister Fico Stops By to Tour Jaguar Land Rover Facilities in UK

Prime Minister Fico Stops By to Tour Jaguar Land Rover Facilities in UK

Solihull, February 4 (TASR) – Slovakia has an adequate amount of manpower for the new automobile maker Jaguar Land Rover and its plans to place its large-scale investment in Nitra, Prime Minister Robert Fico said during Thursday’s visit to the Jaguar Land Rover facility in Solihull, near Birmingham. “The inking

Kazimir: GDP Growth at 3.2 percent in 2016 and 3.6 percent in 2017

Kazimir: GDP Growth at 3.2 percent in 2016 and 3.6 percent in 2017

Bratislava, February 4 (TASR) – Slovakia’s economy is expected to grow at 3.2 percent of GDP this year before speeding up the pace to 3.6 percent in 2017, Finance Minister Peter Kazimir announced on Thursday. The ministry has also reevaluated its estimate of economic growth for 2015 to

Kia Motors Slovakia to Take On 24 Students for Dual Education Courses

Kia Motors Slovakia to Take On 24 Students for Dual Education Courses

Gbelany, February 4 (TASR) – Kia Motors Slovakia and the Secondary Vocational School of Mechanical Engineering in Kysucke Nove Mesto will cooperate on dual education as of the new school year 2016/17, with representatives of the carmaker and the school’s headteacher Ondrej Holiencik signing an agreement at Kia’s

Price Bubble Threatens Slovak Economy

Price Bubble Threatens Slovak Economy

Bratislava, February 4 (TASR) – For more than a year the European Central Bank (ECB) has been supporting the eurozone through the quantitative easing policy, i.e. bond buyouts aimed at reducing interest rates, but pumping money into the economy results in many deformations that come to light sooner or later,

Revenues in Wholesale Down by 0.5 percent Y-o-Y in December 2015

Revenues in Wholesale Down by 0.5 percent Y-o-Y in December 2015

Bratislava, February 3 (TASR) – Revenues from own activities and goods increased both in the sale and repair of motor vehicles and motorcycles and in retail by 1 percent month-on-month in December 2015, the Slovak Statistics Office reported on Wednesday. Revenues in accommodation rose by 0.3 percent m-o-m, while those

Most-Hid MP: Contract for Bratislava Bypass Should Be Signed ASAP

Most-Hid MP: Contract for Bratislava Bypass Should Be Signed ASAP

Bratislava, February 3 (TASR) – The winning bid of a consortium headed by Spanish construction company Cintra for building a new bypass around Bratislava is good and should be contracted as soon as possible, Opposition Most-Hid MP Arpad Ersek stated on Friday. Ersek appeared at a press conference along with mayor