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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.

Top stories

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.

Slovaks in the UK do not have to fear Brexit

Brexit itself should not impact the position of Slovaks in the UK, an interim agreement between the European Union and Great Britain suggests.

Brexit, illustrative stock photo

Russians win the Tatry Ice Master 2018 Video

Ice-sculptors worked with a massive 50 tonnes of ice on the weekend of January 12-14; their sculptures remain on display.

The ice scupltures at Hrebienok, Tatry Ice Masters

The Bratislava airport has competition in Vienna

The airport in Vienna, only about 60 kilometres from the Slovak capital, gains 17 new low-cost airliner flights.

Illustrative stock photo