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Economy

Pellegrini: More than 1,330 Jobs Have Been Created in Trebisov District

Pellegrini: More than 1,330 Jobs Have Been Created in Trebisov District

Trebisov, May 4 (TASR) – To date 1,339 new jobs have been created in the Trebisov district (Kosice region) as part of the development action plan, with the unemployment rate in the district falling by 5.71 percent compared to the end of 2015 when it stood at 18.43

Pellegrini: U.S. Steel Does Not Plan on Quitting Kosice-based Steelworks

Pellegrini: U.S. Steel Does Not Plan on Quitting Kosice-based Steelworks

Kosice, May 3 (TASR) – The U.S. Steel Kosice steelmaker is not ending its production in Slovakia and U.S. Steel is not leaving Kosice, Prime Minister Peter Pellegrini (Smer-SD) said following his meeting with officials of the Kosice-based factory on Thursday. “I firmly believe it will remain the biggest

FinMin: Slovakia's State Budget Deficit at €551 million in Late April

FinMin: Slovakia's State Budget Deficit at €551 million in Late April

Bratislava, May 2 (TASR) – Slovakia’s state budget posted a deficit of €551 million at the end of April, €84 million lower than the deficit for the same period last year, the Finance Ministry reported on Wednesday. Both state budget incomes and expenditures reported a growth as of late April.

Pellegrini: I Want to Reduce Number of People Working for Minimum Wage

Pellegrini: I Want to Reduce Number of People Working for Minimum Wage

Zilina, May 1 (TASR) – I’ll try to make the number of people earning the minimum wage lower every year, stated Prime Minister Peter Pellegrini (Smer-SD) during Labour Day celebrations in Zilina on Tuesday, which were organised by Slovak and Czech trade unionists. “This isn’t only a holiday marking

Conference in Kosice Shows Rail Transport Opportunities for New Silk Road

Conference in Kosice Shows Rail Transport Opportunities for New Silk Road

Kosice, April 27 (TASR) – A total of 140 experts who attended a conference in Kosice this week on the One Belt One Road Initiative, also dubbed the New Silk Road, concurred on the need to develop closer cooperation in logistics and to establish more effective transport links, especially by rail,

FinMin: Slovakia's Public Finance Deficit in 2017 Lowest Ever

FinMin: Slovakia's Public Finance Deficit in 2017 Lowest Ever

Bratislava, April 23 (TASR) – Slovakia in 2017 posted its lowest annual public finance deficit ever, reaching a mere 1.04 percent of GDP, which was well below the Finance Ministry’s projected goal of 1.29 percent of GDP, the FinMin reported on Monday with reference to the Eurostat’s

Slovak Rum Gets Temporary Exemption from Cancer-related Ban in EU

Slovak Rum Gets Temporary Exemption from Cancer-related Ban in EU

Bratislava, April 21 (TASR) – Slovakia and the Czech Republic have been given a five-year transitory period for using the recipe of a local sugar-beet rum, called since the two countries’ accession to the European Union in 2004 as ‘tuzemak’ or ‘tuzemsky um’, after the EU recently banned the use of