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ECONOMIC BRIEFS

Construction output plunges in January

Construction output in Slovakia fell 21.2% year-on-year in January compared with an 18.2% fall in December, the Slovak Statistical Bureau said in a table of comparative figures on March 9. The principal reason behind the plunge is the decision of the new cabinet of Prime Minister Mikuláš Dzurinda to slash state spending on infrastructure projects like highways and dams, projects undertaken by the former government of Prime Minister Vladimír Mečiar.

Top stories

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

Fee has a negative impact

Practice shows that municipalities will require investors to pay the fee for development from their own budgets and at the same time to also cover the so-called induced investments.

Some municipalities want to re-think the fee.

Kysuce inhabitants block busy road in protest

The blockade caused traffic collapse.

Discovery made hard mining work more efficient

Gunpowder was used to blow up the rock for the first time in the Upper Bieber adit for the first time 390 years ago.