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Economy

Coalition Partners Set up Mutual Help Fund for Lives Hit by Coronavirus

Coalition Partners Set up Mutual Help Fund for Lives Hit by Coronavirus

Bratislava, April 1 (TASR) – The coalition partners have agreed that they’ll set up a Mutual Assistance Fund that will be dedicated to individual people whose lives have been affected by novel coronavirus, Prime Minister Igor Matovic (OLaNO) stated on Wednesday. Coalition MPs, ministers and other people cooperating with the

Matovic: Blackout May Take Place in Country with View to Starting Economy

Matovic: Blackout May Take Place in Country with View to Starting Economy

Bratislava, April 1 (TASR) – Prime Minister Igor Matovic (OLaNO) conceded on Wednesday that a so-called ‘blackout’, by which he imagines an extraordinary state lasting several weeks, may be introduced in Slovakia. People’s mobility would effectively be lowered to a minimum, while “military discipline” would be observed and the army

Slovak Government Drafts 'First-aid' Economic Package due to Coronavirus

Slovak Government Drafts 'First-aid' Economic Package due to Coronavirus

Bratislava, March 29 (TASR) – Slovakia’s Government has drafted a ‘first-aid’ package of economic measures worth €1.5 billion per month (1 percent of GDP for the same period) to help businesses, the self-employed and employees affected by the coronavirus lockdown, Prime Minister Igor Matovic announced on Sunday. The state

State Permits Reopening of Some Facilities, Strict Hygiene Must Be Observed

State Permits Reopening of Some Facilities, Strict Hygiene Must Be Observed

Bratislava, March 28 (TASR) – Some facilities that have been closed throughout Slovakia for almost two weeks in order to contain the spread of novel coronavirus will be reopened as of Monday, announced Prime Minister Igor Matovic (OLaNO) after a meeting of the central crisis management team on Saturday. The permit

NBS: Coronavirus Pandemic to Throw Slovakia into Recession

NBS: Coronavirus Pandemic to Throw Slovakia into Recession

Bratislava, March 24 (TASR) – Slovak economy might see a temporary slump of almost 5 percent this year and there’s a risk that the new coronavirus pandemic might cause an even more pronounced drop of up 10 percent, with the recession likely to deprive 75,000-130,000 people of work

Food Stores to Be Closed on Sundays, Elderly to Have Priority Shopping Hours

Food Stores to Be Closed on Sundays, Elderly to Have Priority Shopping Hours

Bratislava, March 24 (TASR) – Food stores, drugstores, newsstands and outlets selling food for pets will be closed on Sundays, Prime Minister Igor Matovic (OLaNO) announced on Tuesday, adding that Sundays will be used for a thorough cleaning of store premises, while outlet staff will be able to rest. Meanwhile, special

VW Slovakia Extends Temporary Halt in Production at All Three Plants

VW Slovakia Extends Temporary Halt in Production at All Three Plants

Bratislava, March 23 (TASR) – Carmaker Volkswagen Slovakia has decided to extend its temporary shutdown of production at the three plants it runs in Slovakia in connection with coronavirus. The production halt at the plants in Bratislava, Martin (Zilina region) and Stupava (Bratislava region) will now last until April 5. The