Spectator on facebook

Spectator on facebook

NEWS FROM THE OMRI DAILY DIGEST

OECD report praises country's "astonishing" economic growth

In a report released on September 16, the Organization for Economic Cooperation and Development (OECD) says that Slovakia's quick economic growth has astonished many analysts, Slovak and international media reported. Slovakia recorded one of the best macroeconomic performances among central and eastern European countries last year, the report pointed out. The country's gross domestic product (GDP) grew by 7.4% in 1995. The inflation rate, which stood at 25.1% at the end of 1993, was reduced to 6.1% by May 1996. State budget and current account balances recorded surpluses in 1995. The unemployment rate peaked at the beginning of 1995 at 15 percent, but fell to 11.9 percent by May 1996. The report also focused on Slovakia's need to restructure its banking sector and privatized companies. It also dealt extensively with Slovakia's potential for expanding its tourism industry.

Top stories

It's not your Slovakia, Bystrica protesters told Kotleba

President Andrej Kiska spoke to the crowd at the protest gathering, asking Slovaks what kind of country they want to have.

Lajčák gives two versions of the Evka story

The Foreign Ministry gives opposing statements about suspicious procurement related to the Slovak Presidency over the EU Council.

Government of PM Robert Fico (left) endorses Lajčák as its official candidate.

PM Fico: Investors should clearly declare whether they have encountered corruption or not

Representatives of the biggest investors in Slovakia met with Fico to discuss the local business environment.

PM Robert Fico meeting with representatives of big investors in Slovakia.

Blog: HR Marketing: Not everybody can be Google!

It is important to know who your target audience is and the position you aspire to achieve as an employer on the market.

Illustrative stock photo