EBRD: Slovak economy to grow

The European Bank for Reconstruction and Development (EBRD) yesterday increased the competitive rating for Slovakia, saying the country can look forward to continuing high economic growth this year.

The main risks are political difficulties in exercising fiscal changes and development of export markets, the bank said.

The Slovak economy rose by 5.4 percent in the last quarter, 4.4 percent year-on-year.

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

23. Apr 2003 at 9:29

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