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IMF predicts 2.4-percent GDP growth

SLOVAKIA’S economy will grow by only 2.4 percent this year, according to a prognosis published by the International Monetary Fund (IMF) as part of its latest global economic outlook. Last year GDP grew by 3.3 percent, the SITA newswire reported.

SLOVAKIA’S economy will grow by only 2.4 percent this year, according to a prognosis published by the International Monetary Fund (IMF) as part of its latest global economic outlook. Last year GDP grew by 3.3 percent, the SITA newswire reported.

The country’s economic growth should accelerate to 3.1 percent in 2013. The IMF expects growth in consumer prices to slow from last year’s 4.1 percent to 3.8 percent this year and to 2.3 percent in 2013.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).