Trade gap down 18% five months into 1999

Five months into 1999, Slovakia reported a trade deficit of 26.99 billion Slovak crowns ($628 million). Compared with the same period in 1998, when the trade gap was 32.95 billion crowns, this is a drop of 18.1%.

From January to May, Slovakia imported goods equaling 186.57 billion crowns, compared with 177.4 billion crowns for the same period of 1998 (up 9.17 billion crowns year-on-year). Five-month exports totaled 159.58 billion crowns, up 14.38 billion crowns from the same period of last year, Finance Minister Brigita Schmögnerová said on June 21.

Get daily Slovak news directly to your inbox

Top stories

Investors pursued projects and transactions despite the virus

Investors pursued projects and transactions despite the virus. Check out the 2020 investment highlights from Slovakia.

The visualisation of new Istropolis building

Better times ahead for the Calvary in Bratislava

The last preserved station was restored this summer.

The last preserved station of the Stations of the Cross in Bratislava

Why you need to buy a belt

On this Black Friday, with society teetering on the brink of chaos, I ask that we all do our part.