Sign in Subscribe

Economy

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

Bratislava Airport Handled 44 percent More Passengers Y-o-Y in January

Bratislava Airport Handled 44 percent More Passengers Y-o-Y in January

Bratislava, February 2 (TASR) – Bratislava’s Milan Rastislav Stefanik Airport (BTS) handled 44 percent more passengers in January than it did in the same month of 2015, the airport’s spokesperson Veronika Sevcikova told TASR on Tuesday. According to Sevcikova, a total of 97,808 passengers used the airport in

Slovakia Managed to Completely Draw European Funds for Transport

Slovakia Managed to Completely Draw European Funds for Transport

Slovakia has made use of 100 percent of European Funds designated for transport from Operational Programme Transport, with over €3.7 billion thus invested in the transport sector since 2007, the Transport, Construction and Regional Development Ministry has stated. “The ministry set the complete use of European Funds as its

SNS Programme: Special Tax on Monopolies and Banks Needed

SNS Programme: Special Tax on Monopolies and Banks Needed

Bratislava, February 2 (TASR) – Whatever the government following the March 5 election looks like, it should introduce special taxation of monopolies and banks at a rate of at least 6 percent of their incomes, the Slovak National Party (SNS) states in its election programme. The most recent example of how

Staff at PPS Group Detva to Get Late Bonuses, Strike Scrapped

Staff at PPS Group Detva to Get Late Bonuses, Strike Scrapped

Detva, January 30 (TASR) – The staff at engineering company PPS Group Detva (Banska Bystrica region) won’t go on strike as of Monday as originally planned, after the company’s management and trade unions signed an agreement on a somewhat later payment of salary bonuses for December, TASR learnt on