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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.

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