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Economy

Matecna: Distribution Warehouses Fully Stocked Up, No Need to Panic

Matecna: Distribution Warehouses Fully Stocked Up, No Need to Panic

Beckov, March 17 (TASR) – Logistic and distribution warehouses in Slovakia are fully stocked up with goods – in volumes larger than the usual amount and of the demanded makeup, Minister of Agriculture and Rural Development Gabriela Matecna (Slovak National Party/SNS) declared following her visit to one of the chain stores’

Kosice Airport Cancels 150 Flights Due to Coronavirus

Kosice Airport Cancels 150 Flights Due to Coronavirus

Kosice, March 13 (TASR) – Kosice Airport has cancelled 150 flights in total due to coronavirus up to now, as the central crisis management team on Thursday (March 12) adopted several preventive measures, airport spokesperson Karolina Linhartova told TASR on Friday. “In line with the Government’s resolution concerning the declaration

Caputova Won't Veto Amendment Introducing Thirteenth Pension

Caputova Won't Veto Amendment Introducing Thirteenth Pension

Bratislava, March 11 (TASR) – A thirteenth pension payment is set to be introduced in Slovakia as of this November, as President Zuzana Caputova announced on Wednesday that she won’t veto the amendment to the Social Insurance Act that will bring in this benefit. Caputova also said that she’s

Analysts: Coronavirus Likely to Scrunch Down Slovak Economy by 0.3 p.p.

Analysts: Coronavirus Likely to Scrunch Down Slovak Economy by 0.3 p.p.

Bratislava, February 28 (TASR) – The outbreak of coronavirus might have an impact on the Slovak economy, which is closely tied to developments in Germany, and could carry over into 1Q20 stats, think economic analysts. Analysts of the social-insurer Slovenska Sporitelna expect the Slovak economy to grow at 2 percent this

Fico: 13th Pensions to Be Approved on Tuesday by Consitutional Majority

Fico: 13th Pensions to Be Approved on Tuesday by Consitutional Majority

Bratislava, February 25 (TASR) – The introduction of 13th pensions in Slovakia could be approved on Tuesday evening, Smer-SD head Robert Fico stated on the same day, as Parliament approved debating this measure in fast-track proceedings and managed to pass it to its second reading in the meantime. “Pensioners, widows, widowers

Matecna Wants to Ban Cultivation of GMO in Slovakia

Matecna Wants to Ban Cultivation of GMO in Slovakia

Bratislava, February 24 (TASR) – Agriculture and Rural Development Minister Gabriela Matecna (Slovak National Party/SNS) wants to ban the cultivation of genetically modified organisms (GMOs) in Slovakia. Therefore, Matecna and the Association of Fodder Producers, Warehouses and Business Companies (ZVKSaOS) chief Marian Uhrik signed the memorandum on co-operation in the

Slovaks Spend Highest Share of Expenditures on Housing and Food

Slovaks Spend Highest Share of Expenditures on Housing and Food

Bratislava, February 18 (TASR) – The average Slovak household spent more than one quarter of its monthly expenditures on housing and energy last year, according to data released by Eurostat on Tuesday. The second most demanding item was food with a 17.2-percent share of total expenditures, up more than 2