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Economy

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

Slovakia's Industrial Output Saw Deepest Slump Ever in April

Slovakia's Industrial Output Saw Deepest Slump Ever in April

Bratislava, June 10 (TASR) – Slovakia’s industrial output in April 2020 saw the deepest year-on-year fall in a month since the country gained independence in 1993 – by 42 percent, mainly driven by a slump in the output of the automotive industry by 78.9 percent y-o-y in April due to

Kosice Airport Resuming Operation with Flight to Prague on June 15

Kosice Airport Resuming Operation with Flight to Prague on June 15

Kosice, June 9 (TASR) – Kosice airport is partly resuming its operation after three months with flights being resumed by Kosice-Prague line operated by Czech Airlines (CSA), the airport announced in connection with loosening of restrictive measures against the novel coronavirus on Tuesday. The first flight is scheduled for June 15.

Krajniak: Unemployment in May Rose Less Steeply than in April

Krajniak: Unemployment in May Rose Less Steeply than in April

Bratislava, June 7 (TASR) – Unemployment in May probably rose less steeply than in April, Labour Minister Milan Krajniak (We Are Family) has stated, adding that there are no hard data at the moment, however. According to Krajniak, these developments were down to the state’s financial assistance to employers and

Stats Office: Slovakia's GDP Down by 5.2 percent Y-o-Y in 1Q20

Stats Office: Slovakia's GDP Down by 5.2 percent Y-o-Y in 1Q20

Bratislava, June 5 (TASR) – Slovakia’s GDP output posted a fall of 3.7 percent year-on-year in fixed prices in the first quarter of 2020 – the first drop after ten years of continuous growth, the Statistics Office reported on Friday. After seasonal adjustments, GDP in 1Q20 fell by 5.2

Police Detain Suspect of Environmental Crimes Regarding D4/R7 Bypass

Police Detain Suspect of Environmental Crimes Regarding D4/R7 Bypass

Bratislava, May 29 (TASR) – The police on Friday detained a person suspected of environmental crimes related to the construction of the Bratislava D4/R7 bypass, TASR was told by Bratislava regional police spokesperson Veronika Martiniakova on the same day. TV Markiza reported that the detained person is general director of