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Economy

Danko: I'll Prepare Bill to Scrap Special Levy for Retail Chains

Danko: I'll Prepare Bill to Scrap Special Levy for Retail Chains

Bratislava, April 2 (TASR) – Parliamentary Chairman Andrej Danko (Slovak National Party/SNS) on Tuesday stated that he’ll prepare legislation to scrap a special levy for retail chains in force as of January, which was earlier suspended via an injunction by the European Commission. At the same time, Danko vowed

Kazimir Gives Up MP's Mandate, Will Also Step Down as Minister Soon

Kazimir Gives Up MP's Mandate, Will Also Step Down as Minister Soon

Bratislava, April 1 (TASR) – Peter Kazimir (Smer-SD) gave up his mandate as an MP on Monday, but he’ll remain as finance minister for the time being, according to a statement that Kazimir provided to the media on the same day. Kazimir decided to do so after President Andrej Kiska

Matecna: Agriculture Ministry Launches Land Reparcelling for €45 mn

Matecna: Agriculture Ministry Launches Land Reparcelling for €45 mn

Bratislava, March 27 (TASR) – The Agriculture and Rural Development Ministry is launching land reparcelling projects costing almost €45 million that will be carried out on 168 land office areas in western, central and eastern Slovakia, Agriculture Minister Gabriela Matecna (Slovak National Party/SNS) told a news conference held on Wednesday.

President Kiska Appoints Kazimir as New NBS Governor

President Kiska Appoints Kazimir as New NBS Governor

Bratislava, March 13 (TASR) – President Andrej Kiska appointed Peter Kazimir (Smer-SD) to the post of governor of Slovakia’s central bank (NBS) on Wednesday. Kazimir, who’s been occupying the post of finance minister since 2012, will assume the NBS governor post as of June 1 of this year. Kiska

British Launching More Business Ventures in Slovakia in Run-up to Brexit

British Launching More Business Ventures in Slovakia in Run-up to Brexit

Bratislava, March 12 (TASR) – According to a Bisnode analysis, interest among British companies in doing business in Slovakia is growing as the time until Brexit grows short. Since July 2018, 163 new companies with British owners have been created in Slovakia. This means that there are 1,466 British companies

Stats Office: Average Salary in Slovakia Exceeds €1,000 for First Time in 2018

Stats Office: Average Salary in Slovakia Exceeds €1,000 for First Time in 2018

Bratislava, March 7 (TASR) – The average nominal monthly salary in Slovakia reached €1,013 in 2018, thus exceeding the threshold of €1,000 on a yearly basis for the first time ever, Statistics Office’s vice-chair Frantisek told a news conference on Thursday. The average nominal monthly salary posted a

EC: Slovak Economy Doing Well, But New Model and Reforms Needed

EC: Slovak Economy Doing Well, But New Model and Reforms Needed

Bratislava, February 27 (TASR) – Slovakia is doing well in terms of its economy, but it’s lagging behind in areas that are of key importance for future growth, states the European Commission in its Country Report Slovakia 2019 released on Wednesday. The EC praised Slovakia for its high economic growth