Cabinet offers pensioners five per cent rise

The government yesterday decided that pensions will be increased this year by five per cent as of July. Parliament must now approve the change before it takes effect. However, Miroslav Knitl, head of the Sociálna poisťovňa (SP) social security house, says SP’s resources permit a maximum three per cent rise.

While Slovakia has been warned by international financial institutions against loosening fiscal policy in an election year, and widening the fiscal deficit from its 3.5 per cent of GDP target to as much as 5.5 per cent, it is feared that parliament may further increase the proposed pension rise.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

People with negative tests can go to hairdresser or outdoor terraces

Those with a negative test result will have to follow rules introduced on October 15.

Companies fear drop in demand for their products and services the most

International chambers of commerce asked companies about their current situation as well as expectations.

Companies implemented anti-coronavirus measures.

News digest: The Gale targets corruption, cabinet officially prolongs curfew

Slovakia learned about biggest corporate taxpayers, the president signed laws changing the minimum wage and 13th pensions. Read the latest news overview.

Mobile testing units were built in the Hviezdoslavovo Square in Bratislava.

The big testing: When and where to show up, and what if I don't want to? (FAQ)

Here is what we know about the practicalities of the nationwide testing so far. Testing also applies to foreigners and diplomats in Slovakia.

Pilot testing in Bardejov