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Economy

NBS: Slowdown in Price Hikes in Slovakia to Continue in 2023

NBS: Slowdown in Price Hikes in Slovakia to Continue in 2023

Bratislava, June 21 (TASR) - The downturn in price growth in Slovakia will continue in 2023 and in the next two years, according to a central bank (NBS) forecast presented at a press conference by bank representatives on Wednesday. The decline in real incomes will come to a halt this

Parliament Approves Constitutional Right to Cash Payments

Parliament Approves Constitutional Right to Cash Payments

Bratislava, June 15 (TASR) - The right to pay for the purchase of goods and the provision of services in cash will be included in the Slovak Constitution, as the parliament definitively approved a draft constitutional law to this effect sponsored by a group of 'We Are Family'

VAIA Launches Call to Support Research and Innovations for €90 million

VAIA Launches Call to Support Research and Innovations for €90 million

The Government Office's Research and Innovation Authority (VAIA) has launched a call for support of research, development and innovations amounting to €89.94 million, Vice-premier for Recovery and Resilience Plan Livia Vasakova announced at a news conference on Tuesday.

Environment Ministry to Allocate €317 mn from Recovery plan to Three Firms

Environment Ministry to Allocate €317 mn from Recovery plan to Three Firms

The Environment Ministry will distribute €317 million from the recovery plan for green investments among three companies, caretaker Environment Minister Milan Chrenko announced at a news conference on Monday.

Palkovic: Razsochy Hospital Project Will Have to Be Covered from State Budget

Palkovic: Razsochy Hospital Project Will Have to Be Covered from State Budget

It won't be possible to finance the project involving the construction of the new Razsochy Hospital in Bratislava from the recovery plan; it will have to covered from the state budget instead, Health Minister Michal Palkovic announced on Friday.

NBS: Crisis Over Silicon Valley Bank Collapse Unlikely to Spread to Slovakia

NBS: Crisis Over Silicon Valley Bank Collapse Unlikely to Spread to Slovakia

Bratislava, March 13 (TASR) - The Slovak Central Bank (NBS) closely monitors the collapse of Silicon Valley Bank in the United States, yet believes that the risk of this crisis spreading to Slovakia is quite negligible, NBS press department head Peter Majer told TASR on Monday. "The crisis event

Eustream's Net Profit Down by 87 percent over Five Months

Eustream's Net Profit Down by 87 percent over Five Months

Profit of semi-state-owned gas carrier Eustream fell over a five-month period to stand at €17 million as of December 31, 2022, compared to the €131 million seen in the same period of 2021, Eustream board member Miroslav Bodnar said on Tuesday.