Central bank: Economic growth will slow over six months

Ľudovít Odor, a member of the board at the National Bank of Slovakia (NBS), said on September 29 that the Slovak economy’s growth will certainly slow in the next six months. But he does not expect a dramatic fall.

Ľudovít Odor, a member of the board at the National Bank of Slovakia (NBS), said on September 29 that the Slovak economy’s growth will certainly slow in the next six months. But he does not expect a dramatic fall.

The overall direct impact of the financial crisis that, according to Odor, can already be felt in Europe are insignificant for Slovakia. He pointed to the fact that Slovak banks are in the hands of bank groups that have expanded eastward and have had little risk exposure in the U.S. He said the crisis may be reflected in the growth of risk surcharges when providing consumer loans.

Europe and Slovakia may also slow down as a result of recession in the U.S., he said. SITA

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

Get daily Slovak news directly to your inbox

Top stories

News digest: Some schools open, so do some ski resorts

Top prosecutor to be appointed soon. Zsuzsová goes to prison in a murder case. Pezinok judges are busy deciding about custodies for high-profile suspects.

Some schools will open on December 7

Matovič pushed through testing at schools, government is launching a pilot project this weekend.

PM Igor Matovič (front) and Education Minister Branislav Gröhling  (back)

Freed in the Kuciak murder case, guilty of another murder

The Specialised Criminal Court sends Alena Zsuzsová to prison for ordering the murder of former Hurbanovo mayor. She appealed against the verdict, insists she is innocent.

Alena Zsuzsová is escorted to the courtroom.

Health Ministry gearing up for COVID vaccines

Mass campaign planned to get people to take jab.

Illustrative stock photo