C/A deficit on par with 2001

The current account deficit rose a massive Sk15.3 billion in May to hit Sk36.3 billion for the first five months of 2002, putting Slovakia on track to beat the record Sk84.8 billion deficit set last year.

The deficit, which was over 8 per cent of GDP last year, has been cited by international economic observers as a major problem facing the government emerging from September elections.

Get daily Slovak news directly to your inbox

Top stories

News digest: Slovakia will receive more than 4 million vaccines

Schools will continue with distance education. Curfew will be applied on January 25 and 26 too.

Illustrative stock photo

I receive more hate mail than I used to, says outgoing transparency watchdog director

Gabriel Šípoš leaves Transparency International Slovakia after 11 years. Slovakia has gone a long way in transparency, he says.

Gabriel Šípoš

Conservative NGOs received gender equality subsidies despite experts' recommendations

Leaked documents show the recipients of the Labour Ministry’s 2020 subsidies were favoured even though they did not achieve the highest score in the competition.

Labour Minister Milan Krajniak (Sme Rodina)