Spectator on facebook

Spectator on facebook

NBS: Prediction for Slovakia similar to ECB's estimates - slower economy

The medium-term forecast of the Slovak central bank (NBS) will be similar to the recently-published prognosis of the European Central Bank (ECB), especially in terms of the deceleration of economic growth, reads a document presented to a cabinet session on Wednesday, September 14, by NBS governor Jozef Makúch.

The medium-term forecast of the Slovak central bank (NBS) will be similar to the recently-published prognosis of the European Central Bank (ECB), especially in terms of the deceleration of economic growth, reads a document presented to a cabinet session on Wednesday, September 14, by NBS governor Jozef Makúch.

The ECB expects that due to slower economic growth, especially in the US, demand for exports from the eurozone will be curtailed, the TASR newswire wrote. In addition, indicators of economic confidence went down significantly in August in almost all economic sectors in connection with the debt crisis. Labour market indicators also witnessed negative trends.

Source: TASR

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

Top stories

North-south gas interconnection moves closer

Slovak gas projects will receive finances from the European Union.

The gas pipeline operator Eustream is the biggest taxpayer in Slovakia.

Stopping extremism before it starts

Schools in Slovakia must do a better job of developing their students’ critical thinking skills from an early age, US envoy says.

Danko’s popularity keeps falling

The SNS chair suffers mostly because of the controversial military promotion and his following actions.

Lack of qualified labour needs to be addressed

After visiting carmaker PSA in Trnava, PM Fico says that people do not want to work even for more than €1,300.

PSA Groupe Slovakai in Trnava