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Economy

Finance Minister Matovic Indicates VAT Rate Hike

Finance Minister Matovic Indicates VAT Rate Hike

Bratislava, May 2 (TASR) – Finance Minister Igor Matovic (OLANO) stated on Sunday that he’ll soon reveal a tax and deduction reform, as the country is lacking billions of euros due to the coronavirus pandemic. He indicated a VAT rate hike: “This means that for covering part of the cost,

Heger: Slovakia's Recovery Plan Received Positively in Brussels

Heger: Slovakia's Recovery Plan Received Positively in Brussels

Brussels, April 27 (TASR-correspondent) – The Slovak national recovery and resilience plan has received a positive feedback in Brussels, Slovak Prime Minister Eduard Heger (OLaNO) stated on Tuesday afternoon in Brussels following his meeting with European Commission President Ursula von der Leyen and European Council President Charles Michel. During the first

NDS Signs Contract for Building Visnove Motorway Tunnel

NDS Signs Contract for Building Visnove Motorway Tunnel

Visnove, April 23 (TASR) – The National Highway Company (NDS) on Friday signed a contract with Skanska for constructing a 13.5-kilometre D1-motorway stretch between Lietavska Lucka and Dubna Skala in northern Slovakia, which includes the 7.5-kilometre Visnove tunnel. The price for constructing the entire stretch has been agreed at

Warning Strike Affected Most of Kosice and Bratislava Public Transport

Warning Strike Affected Most of Kosice and Bratislava Public Transport

Kosice/Bratislava, April 12 (TASR) – An hour-long warning strike on Monday morning affected approximately 90 percent of public city transport in Kosice, with vehicles coming to a halt at terminal stops, while 60-65 percent of public transport drivers joined the voluntary strike in Bratislava, although transport to hospitals continued to

President Reappoints Krajniak as Labour Minister

President Reappoints Krajniak as Labour Minister

Bratislava, April 9 (TASR) – President Zuzana Caputova reappointed Milan Krajniak (We Are Family) to the post of the Labour, Social Affairs and the Family on Friday. Krajniak is thus returning to the helm of the ministry somewhat over three weeks after stepping down from the post. He unexpectedly announced his

Extra €120 mn to Be Released in Aid to Gastronomy and Tourism Sector

Extra €120 mn to Be Released in Aid to Gastronomy and Tourism Sector

Bratislava, April 7 (TASR) – An additional €120 million will be released to help the gastronomy and tourism sector, Parliamentary Chair Boris Kollar (We Are Family) and Prime Minister Eduard Heger (OLaNO) announced on Wednesday, adding that €220 million will thus be allocated for the sector in total.“We’ll be

Largest Number of People, 650,000, Took Part on First Day of Census

Largest Number of People, 650,000, Took Part on First Day of Census

Bratislava, April 6 (TASR) – The largest number of people – 651,152 – took part in the online stage of the national census on its very first day, February 15, Slovak Statistics Office representatives told a news conference on Tuesday dedicated to presenting the initial findings of the census. Meanwhile, the lowest