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ECONOMIC BRIEFS

Average wages continue on the upswing

A total of 2.014 million people in Slovakia worked in the first half of this year on average, a 0.2 percent annual decline from the same period last year, according to the latest monthly data released by the Slovak Statistical Bureau.

Average wages grew to 8,622 Sk at the end of June, an 8.1 percent annual increase in real terms from the end of June 1996, when wages stood at 7,355 Sk.

The share of private sector to total output in the first seven months of this year was growing in all sectors of the economy, save construction. The highest growth in the private sector was recorded by the retail industry and in the agricultural sector. In the processing industrial sector, share of sales was 72.1 percent , and in the construction sector it was 81.7 percent.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).