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Economy

Anti-monopoly Office Fines Bratislava Airport for VIP Fees

Anti-monopoly Office Fines Bratislava Airport for VIP Fees

Bratislava, February 12 (TASR) – Slovakia’s Anti-monopoly Office (PMU) has fined M.R. Stefanik Airport – Bratislava Airport (BTS) €127,000 for misusing its dominant position on the market, more specifically for introducing fees in July 2016 for every passenger for the use of special VIP services at the General Aviation

INEKO Advises Drucker to Wait with Cofinancing VsZP's Equity

INEKO Advises Drucker to Wait with Cofinancing VsZP's Equity

Bratislava, February 10 (TASR) – The Institute for Economic and Social Reforms (INEKO) warns Health Minister Tomas Drucker (a Smer-SD nominee) against cofinancing state-run health insurance company Vseobecna Zdravotna Poistovna’s equity (VsZP), TASR learnt from its representatives on Saturday.

IT: Digital Coalition Swells by 16 New Members to 37

IT: Digital Coalition Swells by 16 New Members to 37

Bratislava, February 8 (TASR) – The Digital Coalition has been joined by another 16 members, with its ranks thus swelling to reach 37, according to a memorandum on new members inked in Bratislava on Thursday. The coalition was joined by organisations active in the private, public, non-profit and academic sectors, such

Fico: New Law on Regional Investment Aid Pursues Three Goals

Fico: New Law on Regional Investment Aid Pursues Three Goals

Bratislava, February 8 (TASR) – The new law on regional investment assistance has three objectives: eliminating regional disparities, turning Slovakia’s economy into a modern one and further hikes in salaries, stated Prime Minister Robert Fico (Smer-SD) at a press conference in Bratislava on Thursday, with Economy Minister Peter Ziga (Smer-SD)

Eurozone States Including Slovakia Put Chinese Yuan in FOREX Reserves

Eurozone States Including Slovakia Put Chinese Yuan in FOREX Reserves

Bratislava, February 8 (TASR) – China’s yuan currency is becoming part of the foreign-exchange (FOREX) reserves held by eurozone countries, and following the European Central Bank (ECB) and the German Bundesbank, Slovakia is next to include Chinese assets in its FOREX reserves. “The National Bank of Slovakia (NBS) is investing

Telecom Operators Should Cover White Spots with Internet by 2020

Telecom Operators Should Cover White Spots with Internet by 2020

Bratislava, February 6 (TASR) – Telecom operators should cover so-called white spots (areas lacking broadband infrastructure) in Slovakia with internet connection by 2020, with their commitments being defined by memorandums on cooperation signed on Tuesday by Vice-premier for Investments and Informatisation Peter Pellegrini (Smer-SD) and officials from Orange Slovensko, O2 Slovakia

Kazimir: Foreign Firms No Longer View Slovakia as Land of Cheap Labour

Kazimir: Foreign Firms No Longer View Slovakia as Land of Cheap Labour

Bratislava, February 5 (TASR) – Some foreign investors are beginning to realise that Slovakia is no longer a country with cheap labour, Finance Minister Peter Kazimir (Smer-SD) told a news conference on Monday dedicated to presenting the country’s macroeconomic prognosis. News appeared in late January that South Korean firm Samsung