Spectator on facebook

Spectator on facebook

Economic growth in Slovakia is not a threat

Slovakia’s ever increasing economic growth is not a threat and it should not cause a change in interest rates, Peter Ševčovič, a member of the Banking Council of the National Bank of Slovakia said last week. The first commentary of the central bank on the results of the GDP for last year reported that the economic growth is sustainable.

The real growth of Slovak economy for last year was 8.3 per cent.

“The growth was relatively balanced, with the main forces behind it being foreign demand and investments which created conditions for the continuation of economic growth in the future,” Ševčovič added.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak