BUSINESS BRIEFS

Slovaks among poorest entering EU

SLOVAKIA's citizens have the second lowest salaries among countries heading to the European Union next year, with an average wage of €314 per month. Only Latvians earn less with an average income of €284 per month.

Slovenská sporiteľňa analyst Juraj Kotian, however, gave some comfort to the news, suggesting that the size of the average wage does not give a realistic view of the quality of life in particular countries.

He suggests that Slovaks will experience the disadvantage of lower wages only when travelling to countries with higher prices.

Lower wages might still be an impulse for foreign investors to start business in Slovakia because they will still be able to hire cheap but qualified labour, Kotian added.

Top stories

News digest: Slovakia records highest number of positive cases since mid-April

Covid spreads mostly in schools. Bratislava ring road stretches to open on Sunday. Slovak water slalom athletes successful at world championships.


2 h
arrested Pavol Ďurka of NAKA specialised team Purgatory heading to Bratislava' district court.

How an anti-team dismantled an elite police team with the help of the secret service

Hints of a possible coalition break-up over rule of law not materialising for now.


21. sep
In this photo taken from video, Slovakia's President Zuzana Čaputová remotely addresses the 76th session of the United Nations General Assembly in a pre-recorded message, Tuesday, Sept. 21, 2021 at U.N. headquarters.

President to the UN Assembly: Where scientists succeeded, politics is still failing

Zuzana Čaputová recalled the words Pope Francis addressed to Slovak youth during his recent visit to Slovakia.


9 h
Monika Tódová

Charges against Denník N journalists dropped

The decision came after the general prosecutor ordered the regional prosecutor to examine the legitimacy of the charges.


21. sep
Skryť Close ad