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Economy

Kazimir: Long Conflict with Iran Could Increase Inflation and Unemployment

Kazimir: Long Conflict with Iran Could Increase Inflation and Unemployment

Bratislava, 24 April (TASR) - If the conflict with Iran were to escalate further and continue for weeks or months, it would pose a threat of slowing economic growth, a rise in inflation up to 7 percent, and the loss of tens of thousands of jobs, governor of the Slovak

Raz and Bednarik Seek to Bring Prague-Bratislava Rail Journey below Two Hours

Raz and Bednarik Seek to Bring Prague-Bratislava Rail Journey below Two Hours

Prague, 22 April (TASR-correspondent) - High-speed connection between Prague and Bratislava is a key project of Slovakia and the Czech Republic as part of cooperation in rail transport, Transport Minister Jozef Raz and his Czech counterpart Ivan Bednarik told a briefing at Prague's main railway station, TASR learnt

Fico: I Endorse Acquisition of Additional 17% of Shares in Slovenske Elektrarne

Fico: I Endorse Acquisition of Additional 17% of Shares in Slovenske Elektrarne

Bratislava, 22 April (TASR) - I support the acquisition of an additional 17-percent stake in power utility Slovenske elektrarne (SE), stated Prime Minister Robert Fico (Smer-SD) following the cabinet meeting on Wednesday. The state currently holds a 34-percent stake in SE. "Once the fourth unit in Mochovce is launched,

D1 Motorway from Bratislava toward Trnava to Reopen in Few Hours

D1 Motorway from Bratislava toward Trnava to Reopen in Few Hours

Bratislava, 19 April (TASR) - The D1 motorway from Bratislava toward Trnava will reopen in a few hours, Transport Minister Jozef Raz (a Smer-SD nominee) and director of the National Highway Company (NDS) Filip Machacek told a press conference on Sunday. The section of the motorway from Bratislava's

Fico: Slovakia Set to File Lawsuit with CJEU over Ban on Russian Gas

Fico: Slovakia Set to File Lawsuit with CJEU over Ban on Russian Gas

Bratislava, 17 April (TASR) - Slovakia is set to file a lawsuit with the Court of Justice of the European Union (CJEU) regarding the ban on Russian gas imports imposed via an EU regulation of January 2026, Prime Minister Robert Fico (Smer-SD) told a press conference on Friday, adding that

Premier: Oil Emergency Continues, But Diesel Can Be Exported

Premier: Oil Emergency Continues, But Diesel Can Be Exported

Bratislava, 8 April (TASR) - The oil emergency in Slovakia remains in effect, but the Slovak refinery is permitted to export diesel to neighbouring countries, stated Prime Minister Robert Fico (Smer-SD) together with Economy Minister Denisa Sakova (Voice-SD) during the government session on Wednesday. According to the premier, the Slovnaft

President Urges Finance Minister to Be Bold in Supporting Economic Growth

President Urges Finance Minister to Be Bold in Supporting Economic Growth

Bratislava, 2 April (TASR) - President Peter Pellegrini has called on Finance Minister Ladislav Kamenicky (Smer-SD) to be bold in supporting the future growth of the Slovak economy. The president stated this at a briefing following a meeting with Economy Minister Denisa Sakova (Voice-SD) on Thursday. "In the near