Slovakia to reach EU average in 2030

THE FINANCE Ministry's Institute of Financial Policy forecasts that Slovakia could reach the average level of EU economies in 2030.

In a report entitled Slovakia's Convergence Toward Developed Economies, the institute predicts that by that date Slovakia's GDP per capita should be 97.6 percent of the EU25 average, while labour productivity per employee should reach 99.7 percent of the EU average.

The country's average wage should grow to €1,955 a month, while the jobless rate should drop to six percent, the institute believes.

On the other hand, the country's consumer prices should lag behind those of the EU more considerably, at just 65.7 percent of the EU25 average in 2030, the Sme daily wrote.

Get daily Slovak news directly to your inbox

Top stories

News digest: Slovakia still dealing with the loss of its talent

Economy minister promises extensive support for hydrogen technologies in Slovakia. Far-right supporters protested in front of PM’s house during the weekend.

The far-right ĽSNS organised a protest in front of PM Igor Matovič's house in Trnava.

Hospital manners expose the toxicity of Kollár

Unjustified privileges overshadow some good news of the coalition's work. Halloween testing will not be repeated during advent time.

PM Igor Matovič (l) and Speaker of Parliament Boris Kollár

Sulík’s party benefits from the dispute with PM Matovič

The Hlas party of former PM Pellegrini is rising, too.

Economy Minister Richard Sulík (l) was charged by PM Igor Matovič (r) to purchase millions of antigen tests.

Anyone can publish a book. Authors often avoid publishers

Self-publishing is setting a new trend.

Nikoleta Kováčová has published two cookbooks without the aid of a publishing house.