ECONOMIC BRIEFS

Trade deficit now at 27.9 bn Sk

Slovakia's trade deficit grew to 27.91 billion Sk at the end of April, after ballooning a record 12 billion Sk during the month. The figure exceeds the 21.5 billion Sk deficit recorded in the fist four months of 1996. Total trade turnover was 218.45 billion Sk for the first four months of this year, up 18.3 percent from 1996. During 1996, the government declared that the deficit resulted from imports of Russian armaments (as part of Russia's payment of old debts) and massive car imports, adding that the figure would not occur again.

Get daily Slovak news directly to your inbox

Top stories

News digest: Penta partner Haščák reportedly charged with corruption after a police raid

Anti-communist fighters will receive pensions. Sunk tugboat being drawn out of the water.

Jaroslav Haščák

Car industry needs to jump on the latest trends

Economy minister promises extensive support for hydrogen technologies in Slovakia.

The Hydrogen Technology Research Centre (CVVT) is to be launched at the end of 2020 or beginning of 2021 in Košice to do R&D in this field.

Responsibility goes hand in hand with EU advantages, says President Čaputová

President Zuzana Čaputová spoke with Vice President of the European Commission for Values and Transparency, Věra Jourová.

President Zuzana Čaputová

Half of all parents lack time to help their children with distance learning

Some have a hard time motivating their children, others do not understand the curriculum.