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Economy

President Vetoes Gambling Act Amendment, Recommends Not to Approve It

President Vetoes Gambling Act Amendment, Recommends Not to Approve It

Bratislava, 3 November (TASR) - President Peter Pellegrini didn't sign the amendment to the Gambling Act on Monday and returned it to Parliament so that it can be debated again, recommending that MPs shouldn't adopt the bill as a whole. The head of state considers the

FinMin: State Budget Deficit Deepened by One Third Y-o-Y to €4.67 bn in October

FinMin: State Budget Deficit Deepened by One Third Y-o-Y to €4.67 bn in October

The state budget saw a deficit of €4.67 billion at the end of October 2025, which was a deterioration of €1.27 billion, or 37.3 percent, year-on-year, the Finance Ministry reported on Monday.

Raz: Visnove Tunnel Should Be Opened on 22 December

Raz: Visnove Tunnel Should Be Opened on 22 December

The Visnove tunnel should be open to drivers as early as on 22 December of this year if all the tests go well, said Transport Minister Jozef Raz following the away-from-home government session in the village of Visnove on Wednesday.

Construction of Battery Plant in Surany Industrial Park Officially Launched

Construction of Battery Plant in Surany Industrial Park Officially Launched

The construction of a new battery cell production plant in Surany Industrial Park was officially launched on Tuesday, Economy Minister Denisa Sakova confirmed during the ceremonial tapping of the foundation stone with government members in attendance on Tuesday.

Hajko: Slovakia's Rating Hasn't Fallen But Government Can't Find Comfort in This

Hajko: Slovakia's Rating Hasn't Fallen But Government Can't Find Comfort in This

Bratislava, 27 October (TASR) - If the government wants Slovakia to maintain its current rating while dealing with the adverse external economic environment, it must make maximum use of available external resources because there are hardly any internal ones, opposition MP Jozef Hajko (Christian Democrats/KDH) stated on Monday. Hajko

Fico Refuses Opposition Claims on Slovakia's Bad Condition, Refers to Rating

Fico Refuses Opposition Claims on Slovakia's Bad Condition, Refers to Rating

Premier Robert Fico has rejected opposition claims that Slovakia is in a bad condition, referring to Standard & Poor's rating that, according to him, confirms the government's responsible approach to public finances.

Parliament Okays 2026 State Budget with Projected Deficit of 4.1 percent of GDP

Parliament Okays 2026 State Budget with Projected Deficit of 4.1 percent of GDP

Bratislava, 21 October (TASR) – Parliament on Tuesday approved the Act on the State Budget for 2026, and also acknowledged the public administration budget framework for the years 2026-2028, with the public finance deficit expected to reach 4.1 percent of GDP next year, amounting to just under €6 billion — a