Sign in Subscribe

Economy

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

President Kiska to Appoint Kazimir as Slovak Central Bank Governor

President Kiska to Appoint Kazimir as Slovak Central Bank Governor

Bratislava, February 27 (TASR) – President Andrej Kiska will appoint incumbent Finance Minister Peter Kazimir (Smer-SD) to the post of Slovak central bank (NBS) governor, with his new tenure due to start as of June 1, TASR learnt on Wednesday. “I’ve accommodated a request by Finance Minister Peter Kazimir following

Matecna: Farmers' Protest Political Activity of Opposition

Matecna: Farmers' Protest Political Activity of Opposition

Bratislava, February 20 (TASR) – Agriculture and Rural Development Minister Gabriela Matecna (Slovak National Party/SNS) stated on Wednesday that the protesting farmers in Bratislava who received an invitation from Prime Minister Peter Pellegrini to participate in the Government session on the same day represent their own objectives and not the

INESS: Special Levy for Chain Stores Drove Prices Up in January

INESS: Special Levy for Chain Stores Drove Prices Up in January

Bratislava, February 18 (TASR) – The levy on the turnover of food chain stores was reflected in an increase of prices in January with a share of approximately 0.1 percentage point, which is an increase of €50 million when compared to the annual household consumption, TASR learnt from the Economic

Klub 500: Trouble-ridden German Economy Could Drag Down Slovakia

Klub 500: Trouble-ridden German Economy Could Drag Down Slovakia

Bratislava, February 14 (TASR) – According to large employers association Klub 500, the export-oriented Slovak economy will be among the first economies to be affected by negative developments in Germany and the whole eurozone. The organisation in this regard stressed that the need to focus on promptly adapting measures aimed at