Spectator on facebook

Spectator on facebook

Slovak economy seen growing

Slovakia's economy grew by 4.2 percent year-on-year in the third quarter for a gross domestic product of Sk308.3 billion (€7.5 billion), the Statistical Office reported.

The figure compared to a 4.3 percent growth in the third quarter of last year, and to 3.8 percent in the second quarter of 2003, when GDP stood at Sk295.6 billion (€7.2 billion).

GDP for the first nine months of 2003 totalled Sk879.9 billion (€21.4 billion), representing an annual growth of 4 percent, compared to 3.9 percent for the same period last year.

The third quarter growth reflected a rise in foreign demand of 23.1 percent and a fall in domestic demand of 1.5 percent.

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

Top stories

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska