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Economy

Economy Ministry: Slovakia Was on Shortlist for BMW's New Plant

Economy Ministry: Slovakia Was on Shortlist for BMW's New Plant

Bratislava, July 31 (TASR) – Slovakia was on the shortlist for a new BMW plant, said Economy Ministry spokesman Maros Stano in connection with the carmaker’s announcement that it will build a new plant near the Hungarian city of Debrecen. “The Economy Ministry has been saying all along that it’

Bratislava Only Region Where Foreign Guests Predominate in Hotels

Bratislava Only Region Where Foreign Guests Predominate in Hotels

Bratislava, July 30 (TASR) – The largest numbers of tourists in Slovakia head to the traditional region of Liptov and the nearby High Tatra mountains, while Bratislava has the busiest accommodation facilities, according to a UniCredit Bank analysis released on Monday. Domestic tourists continue to make up the majority of guests

IMF: Slovakia Should Achieve Balance Budget by 2020

IMF: Slovakia Should Achieve Balance Budget by 2020

Bratislava, July 26 (TASR) – The pace of Slovakia’s economic growth is set to approach 4 percent in the next few years, driven mainly by domestic consumption and a record employment rate, TASR learnt from the latest forecast of the International Monetary Fund (IMF) on Thursday. According to the Finance

Matecna: Animal Breeding in Submontane Areas Deserves Support

Matecna: Animal Breeding in Submontane Areas Deserves Support

Mestecko, July 25 (TASR) – The Farm Cooperative (PD) Mestecko (small town) in the district of Puchov (Zilina region) can serve as a model for companies that make up the ‘skeleton’ of Slovakia’s agriculture and rural area and that deserve support and attention, said Agriculture and Rural Development Minister Gabriela

Richter: June Unemployment Influenced by University Graduates

Richter: June Unemployment Influenced by University Graduates

Bratislava, July 20 (TASR) – The year-on-year growth in the unemployment rate in June can be ascribed to university graduates signing on at labour offices, said Labour Minister Jan Richter (Smer-SD) on Friday, adding that long-term unemployment posted a positive development, however. “There are certain cycles that periodically repeat themselves every

Analysts: High Fuel Prices Key Factor for Inflation in Slovakia in June

Analysts: High Fuel Prices Key Factor for Inflation in Slovakia in June

Bratislava, July 13 (TASR) – The acceleration of inflation in Slovakia in June was chiefly due to an increase in the prices of fuels, translated from the growth of oil prices on the world markets in May, and due to relatively higher prices of non-alcoholic beverages and food, especially fruit, analyst

Ersek: Construction of Bratislava Bypass Might Be Several Months Late

Ersek: Construction of Bratislava Bypass Might Be Several Months Late

Bratislava, July 11 (TASR) – The construction of the Bratislava bypass, which is to form part of the D4 motorway and R7 expressway, might be delayed, said Transport and Construction Minister Arpad Ersek (Most-Hid) during an inspection day at the construction site on Wednesday. “We’re talking about several months of