Spectator on facebook

Spectator on facebook

Analyst: Slovak economy recovering fastest among V4 countries

Slovakia's economic situation can improve in 2010, even though it has experienced a deep fall in 2009, Volksbank chief analyst Vladimír Vaňo told newswire TASR.

Slovakia's economic situation can improve in 2010, even though it has experienced a deep fall in 2009, Volksbank chief analyst Vladimír Vaňo told newswire TASR.

"For the second quarter in a row, Slovakia has defended its position as an economy with one of the fastest quarter-on-quarter growth, 1.6 percent in the third quarter compared to 1.1 percent in the second,” Vaňo said. “It's encouraging confirmation that economic activity bottomed out in the first quarter of 2009 and is now recovering more quickly than economies of the neighbours.”

According to the economist, such a development is not common in the still fragile business environment in Europe, as various countries such as Hungary, Romania, Greece, Spain and Estonia are still only heading for the bottom of their economic decline, TASR wrote.

Top stories

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.