ECONOMIC BRIEFS

Study shows decreased output with companies

A study carried out by the Slovak Statistical Office (ŠÚSR) revealed that 48 percent of Slovak companies registered decreased output in July compared to June, while 33 percent had higher output during the same period and 19 percent remained about the same.

Companies reported that the major obstacles to increased production are a lack of funds, low demand on domestic and international markets, competition from abroad and insecure economic conditions.

Employment reflected the trend in decreased output. The number of employees dropped in 24 percent of companies in July compared to June, while 13 percent of companies said their employment figures rose.

This downturn may be temporary, though. For the August-October period, 51 percent of companies predict increased production, while only 7 percent said output would decrease, the ŠÚSR's study said.

Get daily Slovak news directly to your inbox

Top stories

News digest: Slovakia tests en mass and launches vaccination of seniors

Health minister admits resignation if alert system not observed. Slovak diplomat has a new lucrative post.

The vaccination in nursing homes started.

A swab instead of a jab. The renamed testing kicked off

The government spent the week deciding about nationwide testing. Lockdown is starting to show in infection numbers, experts say.

Košice

Curfew will be prolonged. Negative test result will be required for work or trips to nature (FAQ)

Here are some of the answers to questions about the ongoing mass testing.

Nitra

Why Trump's Twitter ban is no censorship

The solution is to force Facebook to regulate their content more — not less.