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Economy

Most-Hid Proposes Legalising Home Distillation

Most-Hid Proposes Legalising Home Distillation

Bratislava, June 14 (TASR) – The co-governing Most-Hid party on Thursday unveiled a legislative proposal aimed at legalising the domestic distillation of alcohol for one’s own use, stating that this certainly won’t affect Slovakia’s distillery industry. “There’s a long tradition of distilling spirits from home-grown fruit, but

Premier: Slovak Gov't to Prepare Special Measures for Volkswagen Slovakia

Premier: Slovak Gov't to Prepare Special Measures for Volkswagen Slovakia

Bratislava, June 14 (TASR) – Bratislava-based carmaker Volkswagen Slovakia is the largest private employer in Slovakia, the largest tax payer and one of the most important investors in the country. Given its importance to the Slovak economy, the Government will immediately draw up special measures for this company, stated Prime Minister

New Website Monitoring EU Funds Projects Launched

New Website Monitoring EU Funds Projects Launched

Bratislava, June 13 (TASR) – The Stop Corruption Foundation has launched a new website called kamidueurofondy.sk (where EU funds go) aimed at better monitoring the projects funded by EU funds, TASR learnt on Wednesday. People will have better information about the EU-funded projects in their towns and villages and they

Coalition Says that Changes in Compensation for Disabled are Significant

Coalition Says that Changes in Compensation for Disabled are Significant

Bratislava, June 11 (TASR) – Compensation for people with severe disabilities is one of the top priorities for the current governing coalition, said Labour Minister Jan Richter (Smer-SD) after the approval of several changes to an amendment to the Act on Cash Benefits for Compensation for Severe Disability by the parliamentary

Analyst: Car Sector Surging, Overall Industrial Growth Rather Shy

Analyst: Car Sector Surging, Overall Industrial Growth Rather Shy

Bratislava, June 11 (TASR) – Despite the Slovak automotive sector’s surging output, the country’s overall industrial growth has been rather shy, UniCredit Bank Czech Republic and Slovakia analyst Lubomir Korsnak stated on Monday in a commentary on Slovakia’s industrial production for April. Pointing to the annual ‘Easter effect’

Slovakia Becomes First New EU Country from CEE to Sell 50-year Bond

Slovakia Becomes First New EU Country from CEE to Sell 50-year Bond

Bratislava, June 6 (TASR) – Slovakia on Tuesday became the first new EU-member country from central and eastern Europe to sell a 50-year sovereign bond, which was worth €500 million with an interest rate of 2.25 percent p.a., while demand exceeded supply three times, Finance Minister Peter Kazimir announced

Smer-SD Wants Free Meals for Children at Nursery and Primary Schools

Smer-SD Wants Free Meals for Children at Nursery and Primary Schools

Bratislava, June 5 (TASR) – The coalition Smer-SD party wants to introduce free meals for children in their final year of nursery school and for all children at primary schools, stated Smer-SD chairman Robert Fico at a press conference in Bratislava on Tuesday that was dedicated to further social measures drawn