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Economy

Number of Beekeepers in Slovakia Now Highest in Two Decates

Number of Beekeepers in Slovakia Now Highest in Two Decates

Bratislava, October 31 (TASR) – The number of beekeepers currently in Slovakia is the highest in the past 20 years, with Slovakia one of the few EU-member countries to see this figure grow, partly due to comprehensive state support, the Agriculture Ministry said on Thursday. “We now have more than 19,

MOL to Squeeze Out Minority Owners in Slovnaft; They're Unhappy with Price

MOL to Squeeze Out Minority Owners in Slovnaft; They're Unhappy with Price

Bratislava, October 28 (TASR) – Minor shareholders in refinery Slovnaft disagree with the value of €85 per share as decided by the General Meeting and okayed by the central bank (NBS), due to be paid to them by the refinery’s majority stakeholder MOL from Hungary, TASR learnt on Monday. An

Danko: I Won't Attend Coalition Council Sessions Anymore

Danko: I Won't Attend Coalition Council Sessions Anymore

Bratislava, October 22 (TASR) – Parliamentary Chair Andrej Danko (Slovak National Party/SNS) stated on Tuesday that he doesn’t intend to take part in the future sessions of the coalition council. Danko’s statement came after Parliament on the same day rejected two motions from SNS, namely an amendment to

Government Approves Budget for 2020; Deficit to Stand at 0.49 percent of GDP

Government Approves Budget for 2020; Deficit to Stand at 0.49 percent of GDP

Bratislava, October 14 (TASR) – The Government on Monday approved a draft budget drawn up by the Finance Ministry for upcoming years, according to which the general government deficit in 2020 should stand at 0.49 percent of GDP and at the same time admitted that the original goal of a

Pellegrini: Gov't Okays Compromise Budget, No Cuts in Social Benefits

Pellegrini: Gov't Okays Compromise Budget, No Cuts in Social Benefits

Bratislava, October 14 (TASR) – The 2020 state budget draft greenlighted by the Government is the result of a compromise, Prime Minister Peter Pellegrini (Smer-SD) stated on Monday. According to Pellegrini, the draft reflects on the slowdown of the economy and attempts to introduce austerity cuts in Government processes in order

Statistics Office: Inflation in Slovakia at 2.9 percent in September

Statistics Office: Inflation in Slovakia at 2.9 percent in September

Bratislava, October 14 (TASR) – Year-on-year inflation in Slovakia amounted to 2.9 percent in September, with core inflation standing at 2.6 percent and net inflation at 2 percent, the Slovak Statistics Office reported on Monday. In September 2019 month-on-month cumulative inflation was influenced by core inflation by 0.19

NKU: Budgetary Targets Unrealistic, Government Has to Save

NKU: Budgetary Targets Unrealistic, Government Has to Save

Bratislava, October 11 (TASR) – The Supreme Audit Office (NKU) warned the Government about problems with meeting the state-budget targets and the need to prevent the general government deficit and gross debt from increasing, according to NKU’s report on the state of public finance in the first half of 2019.