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Economy

Kazimir: We're in Situation that Requires Direct Transfers

Kazimir: We're in Situation that Requires Direct Transfers

Bratislava, June 29 (TASR) – The issue of debt sustainability in individual EU-member countries is one of the key arguments for opting also for direct transfers apart from loans in the next few years, said Slovakia’s central bank (NBS) governor Peter Kazimir following his meeting with EU Commissioner Maros Sefcovic

FinMin's Outlook for Slovak Economy Deteriorates; 10% Slump Expected

FinMin's Outlook for Slovak Economy Deteriorates; 10% Slump Expected

Bratislava, June 23 (TASR) – Slovakia’s economy is predicted to slump by 9.8 percent year-on-year this year due to the coronavirus outbreak, stated the Finance Ministry on Tuesday, thereby lowering its prognosis in April by 2.6 percentage points. The country’s economy is expected to begin recovering in

President: I'll Wait for Results of Relevant Authorities in Govnet Case

President: I'll Wait for Results of Relevant Authorities in Govnet Case

Bratislava, June 18 (TASR) – When it comes to the Govnet case, I’d prefer to wait for results from the competent authorities, said President Zuzana Caputova at a briefing on Thursday following her meeting with Vice-premier for Investments and Informatisation Veronika Remisova (For the People), adding that any other approach

EC Okays Slovak Government's Support for HBP Mining Company

EC Okays Slovak Government's Support for HBP Mining Company

Brussels, June 18 (TASR-correspondent) – The European Commission on Thursday announced that it has okayed the Slovak Government’s support for mining company Upper Nitra Mines Prievidza (HBP) amounting to €9.6 million. The Commission in its report noted that Slovakia plans to provide €9.6 million in the form of

Slovakia Four Places Down in World Competitiveness Yearbook

Slovakia Four Places Down in World Competitiveness Yearbook

Bratislava, June 16 (TASR) – Slovakia keeps falling in the competitive economy ranking, moving down four places from last year in the latest World Competitiveness Yearbook (WCY) research and now standing in 57th place out of the 63 evaluated countries, TASR learnt from the F.A. Hayek Foundation on Tuesday. Among

Authorities Restrict Free Rural Movement Due to African Swine Fever

Authorities Restrict Free Rural Movement Due to African Swine Fever

Kosice, June 16 (TASR) – Agriculture Minister Jan Micovsky (OLaNO) stated at a briefing on Tuesday on the current situation regarding the African swine fever virus (ASFV) in Slovakia that due to the spread of the infection in the country, people will be prohibited from hiking outside designated routes in the

NBS Prognosis: Slovak Economy to Shrink by 10.3 percent This Year

NBS Prognosis: Slovak Economy to Shrink by 10.3 percent This Year

Bratislava, June 10 (TASR) – The Slovak economy should contract by 10.3 percent this year, according to the latest medium-term prognosis released by Slovakia’s central bank (NBS) on Wednesday. NBS thereby worsened its GDP development estimate from the previous quarter by 1 percentage point. The central bank expects an