Economics, page 10
News on Slovakia's economy and employment
Slovaks’ debts increase the most in the EU
Central bank report finds that the debts of Slovaks increase the most in the European Union, planning measures to tackle the situation.
OECD: Slovak economy will grow by 4 percent this year
This fast pace growth is expected to continue next year as well.
Over 12 percent of Slovaks threatened by poverty in 2017
The EU statistics evaluated the income and living conditions of member states, including Slovakia.
Slovak unemployment rate hits new record
But the lowest unemployment rate since Slovakia became independent in 1989 has its downsides as well.
Households fuelled economic growth
Observers predict the economy will continue accelerating.
Construction output increased in March, but industrial production declined
Analyst sees the strong basic effect behind the recent developments.
March trade balance was higher than predicted
Slovak foreign trade marked a surplus of €515 million in the third month of 2018; but the year-on-year comparison is not very optimistic, according to analyst.
Unemployment drops in all regions
The labour minister would like to see the unemployment rate drop below 5 percent this year.
Nearly 2,500 companies relocated from Slovakia
Most of them moved to neighbouring countries, consultancy company finds.
Budgetary council estimates 61 percent of Slovak employees received bonuses
The timing of bonuses being paid differs between the private and public sectors.
NBS: Slovakia's economic growth prediction worsens mildly
Compared to the previous forecast, there were only slight adjustments related to the lower prices of oil and food, and to stronger foreign demand.
Unemployment rate reaches historical minimum in Slovakia
The unemployment rate, which stands at 5.72 percent, is the lowest it has been since the modern Slovak Republic came into existence.
Inflation in Slovakia slowed down in February
This was caused by the correction of food prices, according to analyst.
Unemployment rate hits new low
The unemployment rate in Slovakia has been declining since summer 2016 while the number of economically active people has grown.
Slovakia’s construction sector drops the most in the EU
However, in the following months, construction in Slovakia should benefit from new projects like the Bratislava ring road project.
State will collect more on taxes
The Finance Ministry’s analytical body improved its forecast due to current tax and levy revenues as well as a new macroeconomic prognosis.
Slovak economy slightly accelerated by end of 2017
The flash estimate of the GDP by the Slovak Statistics Office shows it increased mildly compared y-o-y, as well as against the previous quarter. Economic growth was slightly higher than foreseen by commercial bank analysts.
Slovakia benefits from labour market and private investments
Slovakia will fare better than the European Commission originally expected.
Slovakia’s economic outlook seems bright this year
The country’s GDP growth is expected to accelerate, mainly due to household consumption, exports and private investment.
Businesses see outlook of Slovakia’s economy as positive
The challenge for the country’s economy will mainly be support for science, research and education.
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