Spectator on facebook

Spectator on facebook

Slovak labour getting dearer

THE COST of Slovak labour is increasing fast. According to figures from Eurostat, the increase in the cost of Slovak labour was the third highest in the EU in the second quarter of 2005, the daily SME reported.

The increase in Slovak labour costs, reaching 7.6 percent year-on-year, was only topped by Latvia, which recorded a 14.2 percent increase, and Estonia with 10.4 percent.

The average growth of labour costs in the EU was 2.6 percent.

According to Veijo Ritola, the author of the analysis, the growing labour costs in new EU member states is a natural process because they “started at a much lower position compared to the original EU members”.

“The earnings of their [new EU member states’] citizens represented only around one fifth of the wages of Western Europeans,” said Ritola.

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

Top stories

She faced Russian tanks in 1968. Today, she protests again Photo

There are no tanks pointing at us today, says Mária Homolková, who joined protests in SNP Square once again in March 2018 to secure a better life for her grandchildren.

Thousands of people returned to the streets Photo

Though the main Bratislava protest was cancelled, people attended other gatherings, expressing their disagreement with the current situation.

SNP Square in Bratislava, March 23

Kiska appoints Pellegrini cabinet

The president approved the new government, despite some reservations. The new PM promises to investigate the murder of the journalist and his fiancée.

Peter Pellegrini's government

There is still work to be done

2018 is not a re-run of 1989, but there is a connection.

Bratislava, March 16