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BUSINESS SHORTS

Unemployment rate still decreasing

The winter unemployment rate in Slovakia decreased by 0.8 percentage points this year - from 11.8 percent in December 2006 to only 11 percent in January 2007. However, Slovakia still has the second highest level of unemployment in the EU, according to Eurostat, the EU statistical office. Poland has the highest level of unemployment at 12.6 percent. Slovakia can boast a remarkable year-on-year decrease in unemployment; in January 2006 it was recorded at 14.5 percent.

Top stories

Keep your passport at hand on your trip to Austria

There are no internal border controls on the Austrian-Slovak border. Yet, the Austrian police check cars and buses heading to Slovakia.

Slovak police checking cars at the border crossing in Berg, Austria.

Bratislava ice stadium will require €2 million

At the same time, its tenant, ice hockey club Slovan, owes some €1 million in rent.

The Ondrej Nepela ice-hockey stadium during 2011 ice hockey world championship.

Who do Slovaks marry the most among foreigners?

Mixed marriages are still quite rare among Slovaks compared to elsewhere in the EU. Slovak women are more likely to marry foreigners than Slovak men. Here is why.

Italy points to “illegal state aid” as Embraco announces relocation to Slovakia

The decision to shift production follows in the footsteps of US conglomerate Honeywell, which reportedly also plans to close its Italian plant and move to Slovakia.

Embraco plant in Spišská Nová Ves