Sign in Subscribe

Economy

Supreme Court: Land under U.S. Steel Doesn't Belong to Kosice, but Sokolany

Supreme Court: Land under U.S. Steel Doesn't Belong to Kosice, but Sokolany

Kosice, November 9 (TASR) – The 700-hectare land under U.S. Steel in eastern Slovakia doesn’t belong to Kosice, but to the village of Sokolany, the Supreme Court decided on Monday, thereby confirming a verdict of the Kosice-okolie District Court from 2013, TASR was told by Supreme Court spokesperson Alexandra

State-run VsZP Health Insurer's Capital Boosted by €100 mn in Late October

State-run VsZP Health Insurer's Capital Boosted by €100 mn in Late October

Bratislava, November 9 (TASR) – The capital of state-run health insurer Vseobecna Zdravotna Poistovna (VsZP) was boosted by €100 million in late October, its spokesman Matej Neumann had confirmed for TASR. “Based on a decision by the Health Ministry as its sole shareholder, the money to increase VsZP’s share capital

RegioJet Suspends Bratislava-Vienna Buses as of Monday

RegioJet Suspends Bratislava-Vienna Buses as of Monday

Bratislava, October 26 (TASR) – Private carrier RegioJet has suspended its bus service between Bratislava and Vienna due to the new coronavirus-related restrictions and a dramatic decline in demand, RegioJet spokesman Ales Ondruj told TASR on Monday, adding that this suspension should last until November 15. “We’ll continuously monitor and

House Approves Changes to 13th Pensions, Upper Limit to Be €300

House Approves Changes to 13th Pensions, Upper Limit to Be €300

Bratislava, October 21 (TASR) – Parliament on Wednesday approved changes to 13th pension payments introduced by the previous government; thereby officially making them a state social benefit that will not exceed €300 per month. Previously, retirees received a Christmas bonus at the end of each year, which was set to be

SZPPC: Bakery Sector in Slovakia Still Disfigured Like under Communists

SZPPC: Bakery Sector in Slovakia Still Disfigured Like under Communists

Bratislava, October 16 (TASR) – The current condition of Slovakia’s bakery sector is still strongly marked by a setting introduced by the Communist regime, which fell three decades ago, stated the Slovak Association of Bakers, Confectioners and Pasta Makers (SZPCC) on Friday, which is the World Bread Day. While Slovakia

Matovic: Carbon Tariffs Could Help Making EU's Economy Greener

Matovic: Carbon Tariffs Could Help Making EU's Economy Greener

Brussels/Bratislava, October 16 (TASR) – Slovak Prime Minister Igor Matovic (OLaNO) said after returning from the EU summit in Brussels on Friday that he had expected to see at the meeting a more accurate analysis of the Union’s climate strategy on economy. “The goal of reducing greenhouse emissions by

Cabinet Passes Budget Draft, Deficit of 7.5% of GDP Expected in 2021

Cabinet Passes Budget Draft, Deficit of 7.5% of GDP Expected in 2021

Bratislava, October 14 (TASR) – Slovakia’s general government deficit is expected to reach 7.44 percent of the country’s gross domestic product next year, somewhat down from the 9.68 percent of GDP estimated for 2020, according to a budget draft for 2021-23 approved by the Cabinet on Wednesday.