THE SLOVAK economy should grow at a pace of over 5 percent in the medium-term, the National Bank of Slovakia (NBS) forecasts.
NBS Governor Ivan Šramko said that in 2007 GDP growth is estimated to approach 7 percent, mostly on the back of the production of the automotive investors, the TASR news agency wrote.
"Consequently, this production should have a positive impact on the current account balance of payments deficit," Šramko added.
The central bank also expects the Slovak crown to gradually stabilize against the euro.
9. May 2005 at 0:00 | From press reports