Spectator on facebook

Spectator on facebook

Layoffs in 2010 affected 29 percent of Slovak households

About 29 percent of all Slovak households were directly affected by layoffs in 2010, with one-third of these households reporting a drop in income, according to the Transition Report 2011 drafted by the European Bank for Reconstruction and Development (EBRD) that was published by Poštová Banka on March 5, the TASR newswire reported. "The crisis also kept many of us from driving our cars. Up to 41 percent of Slovak households limited the use of their motor vehicles due to crisis," states the report. Slovakia topped the list of countries in which citizens resorted to walking, public transport or alternative means to travel frugally. But giving up vices proved more difficult for Slovaks, as more than a half of the households decided to buy less bread, milk, basic foodstuffs and vegetables while less cut down on alcohol and tobacco consumption. But Slovaks did not reduce their expenditures on health care.

About 29 percent of all Slovak households were directly affected by layoffs in 2010, with one-third of these households reporting a drop in income, according to the Transition Report 2011 drafted by the European Bank for Reconstruction and Development (EBRD) that was published by Poštová Banka on March 5, the TASR newswire reported.

"The crisis also kept many of us from driving our cars. Up to 41 percent of Slovak households limited the use of their motor vehicles due to crisis," states the report. Slovakia topped the list of countries in which citizens resorted to walking, public transport or alternative means to travel frugally.

But giving up vices proved more difficult for Slovaks, as more than a half of the households decided to buy less bread, milk, basic foodstuffs and vegetables while less cut down on alcohol and tobacco consumption. But Slovaks did not reduce their expenditures on health care.

"Only one-eighth of Slovak households curbed their expenditures on health care," states the report. Slovakia was among the monitored countries that had introduced the least severe cutbacks in health-care expenditures, with only Slovenians, Brits and the French having lesser cuts in expenditures. Latvian households reduced their health-related expenditures the most.

Citizens in Sweden, Great Britain, and Poland needed to introduce the lowest number of austerity measures because of the economic crisis. The EBRD surveyed more than 39,000 households in 34 countries in late 2010.

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

Gilden: Take the negative and make a positive from it Photo

The works of New York native, photographer Bruce Gilden, who has worked for five decades in the streets of the biggest cities, are on exhibit in the Kunsthalle (House of Arts) in Bratislava.

Bruce Gilden: Feast of San Gennero, Little Italy, 1984.

The ongoing struggle for a free and democratic Slovakia

The people of Slovakia deserve the credit for the remarkable progress that this country has made over the past twenty-five years, US ambassador writes.

Illustrative stock photo

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 24 and December 3, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Christmas Markets Bratislava

Robert Fico has lost the electoral magic he once had Plus

But his party can still bounce back if they do the things that make parties resilient.

Robert Fico claims that Smer won the regional elections because it is the party with the most chairs in regional councils.