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Economy

Stats Office: Unemployment Rate in Slovakia Up to 7.2 percent in 3Q20

Stats Office: Unemployment Rate in Slovakia Up to 7.2 percent in 3Q20

Bratislava, December 4 (TASR) – The unemployment rate in Slovakia rose to 7.2 percent in the third quarter of 2020 as a result of the COVID-related crisis, the Statistics Office announced on Friday. The number of people who were jobless in 3Q20 was 21.9 percent higher than in the

Stats Office: Slovakia's GDP Down by 2.4 percent Y-o-Y in 3Q20

Stats Office: Slovakia's GDP Down by 2.4 percent Y-o-Y in 3Q20

Bratislava, December 4 (TASR) – Slovakia’s GDP, measured in constant prices and without seasonal adjustments, fell by 2.4 percent year-on-year in the third quarter of 2020, the Statistics Office reported on Friday. The Stats Office has thus confirmed the figure from its quick estimate released in mid-November. Compared to

Dolezal: Winter Ski Season in Slovakia Won't Open until Beginning of January

Dolezal: Winter Ski Season in Slovakia Won't Open until Beginning of January

Bratislava, December 3 (TASR) – The winter ski season in Slovakia won’t open at least until the beginning of January, Transport Minister Andrej Dolezal (a We Are Family nominee) has posted on a social network, adding he has clear and fresh information from the expert consilium that it will recommend

Hascak Gives Up All Executive Posts at Penta

Hascak Gives Up All Executive Posts at Penta

Bratislava, December 2 (TASR) – Co-owner of the Penta investment group Jaroslav Hascak has resigned from all executive posts at Penta, TASR learnt on Wednesday from spokesman for the financial group Martin Danko. Hascak remains Penta’s co-owner. Hascak’s managerial posts have been taken over by Iain Child. Hascak was

NBS: Slovakia's Financial Sector Remains Stable Despite Coronavirus Crisis

NBS: Slovakia's Financial Sector Remains Stable Despite Coronavirus Crisis

Bratislava, November 30 (TASR) – Despite the significant impact of the coronavirus crisis on the domestic economy, Slovakia’s financial sector remains stable, according to the financial stability report presented at a news conference by Slovakia’s central bank (NBS) representatives on Monday. Banks are entering the crisis with a strong

Economy Minister Tasked with Procuring 16 million Antigen Tests

Economy Minister Tasked with Procuring 16 million Antigen Tests

Bratislava, November 19 (TASR) – Economy Minister Richard Sulik (Freedom and Solidarity/SaS) following the Cabinet session on Thursday said he has been tasked with procuring 16 million antigen tests for coronavirus. The proposal was submitted to the Cabinet session by Prime Minister Igor Matovic (OLaNO). Sulik in this connection said

State to Boost VsZP Health Insurer's Capital by Another €98 million

State to Boost VsZP Health Insurer's Capital by Another €98 million

Bratislava, November 11 (TASR) – The state will boost the capital of state-run health insurer Vseobecna zdravotna poistovna (VsZP) again, this time by €98 million. The proposal for a further capital boost for VsZP was approved by the Government at its session on Wednesday. According to the Government, the refunding of