Economics, page 6

News on Slovakia's economy and employment

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The coronavirus crisis keeps reducing numbers of foreign workers

Ukrainians and Serbians create the most numerous groups.

Police raid targeted judges of Žilina courts in relation to corruption.

News digest: Complaints about coronavirus restrictions and raid against corruption

The overview of news from Slovakia from September 14, 2020.

Pandemic has changed the tax calendar in Slovakia. Here is what you need to know

The deadline for filing tax returns has finally been set.

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Slovakia's foreign trade ended in surplus in July, also thanks to higher car exports, the Statistics Office has said.

Higher car exports helped foreign trade stay in the black

A second coronavirus wave is expected to impact foreign trade figures in the coming months.

Project of InoBat Auto and Wildcat Discovery Technologies will move Slovakia forward in one of the fastest growing areas – electromobility.

Slovakia is following the trend by producing electric car batteries

InoBat Auto will be the first supplier of tailor-made car batteries.

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Unemployment rose the most since 2010

The Statistics Office meanwhile confirmed a historic drop in GDP.

Amazon’s returns centre in Sereď is an example of a successful US project in Slovakia.

Pandemic has changed plans of American investors

The full impact on bilateral trade will only be seen once the pandemic ends and economic life returns to normal.

Labour Minister Milan Krajniak (Sme Rodina) introducing the compromise minimum wage proposal.

Unionists and government lock horns over minimum wage

The minimum wage will increase less and will be cut from work surcharges.

BUSINESS FOCUS: German business in Slovakia goes beyond automotive

Slovak-German relations, the impacts of the COVID-19 pandemic on German companies in Slovakia and Slovak startups in Germany are among the highlights of the latest Business Focus.

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Coronavirus pandemic has claimed thousands jobs

The unemployment rate will continue to increase at a moderate rate.

Labour Minister Milan Krajniak explaining how the new employment protection fund will work.

Permanent kurzarbeit scheme closer to reality

Labour Ministry introduces a new labour market instrument - employment protection fund.

Behind the decline of the Slovakia's economy is the COVID-19 pandemic.
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Lower food prices contributed to slower inflation

Inflation marked by its lowest values in more than 2.5 years.

The automotive industry is the driving force of industrial production in Slovakia.

Carmakers propelled Slovakia’s industry in June

Industrial production continues to recover.

Exports of machinery and transport equipment, including cars, make up two thirds of Slovakia's June Exports.

Slovakia’s export has recovered from the corona crisis’ decline

Car exports pushed the trade balance to a record-high surplus throughout June.

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Slovak economy is accelerating. Third quarter may bring a slight increase

The Council for Budget Responsibility has offered revised economic predictions in its July prognosis.

Finance Minister Eduar Heger (OĽaNO)

Slovakia's economic outlook changed from stable to negative

The change reflects the current economic situation in the country, the Finance Ministry commented.

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Fewer foreigners working in Slovakia

Most foreign workers come from Ukraine.

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Jobless rate continues growing the sixth month in row

Labour offices report a slight increase in vacancies.

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