Spectator on facebook

Spectator on facebook

May trade figures shock analysts

Slovakia's balance of trade figures reached a three-year high in May, at Sk1.9 billion (€45 billion). The figure has surprised analysts, who were expecting a negative balance of between Sk5.5 and 8.1 billion (€133 and 195 million). The results are based on a more than 31-percent rise in exports.

"The export of cars was above expectations, with a 12-percent year-on-year rise," explained ING analyst Ján Tóth.

Another factor is the drop in oil prices, which has reduced the price of energy imports.

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

Top stories

Night life in Bratislava will not end

Councillors for the Old Town adopt new opening hours for pubs, night clubs and restaurants.

Cvernovka's creative talents celebrate first open day at new premises Photo

Bratislava's art and design ateliers from the old yarn-making factory open their doors on May Day.

New premises for Cvernovka

How social networks can earn you a ticket to Germany

Can a status on a social network change someone’s life? Yes, if you write humorous stories about a fictive German ambassador.

Assaf Alassaf (r) talked about his life and his book in Bratislava

New investor to create 500 jobs in Nitra

A company following the Jaguar Land Rover carmaker to Nitra plans to create 500 new jobs and invest €17 million.

Tha Jaguar Land Rover draws also other investors to Nitra.