Economy

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

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

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

Bratislava, February 1 (TASR) – Slovakia’s state budget posted a surplus of €146.9 million at the end of January of this year, an increase of €54.5 million when compared to the surplus recorded for the same period last year, the Finance Ministry reported on Thursday. State budget incomes

Gelnica, January 19 (TASR) – Dolny Kubin (Zilina region)-based company Klauke Slovakia plans to employ 50 new people at its cable connectors manufacturing plant in Gelnica (Kosice region) this year, said the company’s operations manager Vladimir Cernicky during President Andrej Kiska’s visit to the Gelnica plant on Monday.