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Čaplovič: Record-high economic growth is unsustainable

It will be impossible for Slovakia to maintain its current high growth of gross domestic product (GDP) in the years to come, Slovak Deputy Prime Minister Dušan Čaplovič said on April 15 in Bratislava.

It will be impossible for Slovakia to maintain its current high growth of gross domestic product (GDP) in the years to come, Slovak Deputy Prime Minister Dušan Čaplovič said on April 15 in Bratislava.

Speaking at a conference called Views on Slovakia's Economy 2008, he stressed that the GDP growth is a record-high within the entire EU, as it was up by 10.4 percent in 2007 compared with 2006, the TASR newswire wrote.

He called on politicians not to try to score points from the economic growth and to follow the wishes and interests of the public, which will ensure developmental continuity.

The eighth annual 'Views on Slovakia's Economy' conference was organised by the Slovak Statistics and Demographic Society. It featured a number of economists who presented their prognoses of GDP growth and long-term unemployment. TASR

Compiled by Zuzana Vilikovská from press reports

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