Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Farmers will get €70 million

SLOVAKIA’S agricultural sector will receive an additional €70 million in aid to help farmers cope with the consequences of this year’s poor harvest. The government approved the aid package at a session held in Nové Sady, in Nitra Region, the TASR newswire reported on August 22.

SLOVAKIA’S agricultural sector will receive an additional €70 million in aid to help farmers cope with the consequences of this year’s poor harvest. The government approved the aid package at a session held in Nové Sady, in Nitra Region, the TASR newswire reported on August 22.

The assistance should include direct payments equalling a total of €1.67 million, advantageous loans from the Environmental Fund worth a total of €30 million, and state assistance for employing people who have difficulty finding work reaching €660,000.

Moreover, the government will repay part of the excise tax paid on red diesel, a special fuel used only by farmers. The ministers allocated €10 million for this purpose.

The poor harvest, especially in the case of marketable agriculture commodities, will cause a shortfall in the earnings of farmers, which will make it difficult for them to finance further production, TASR wrote based on the data of the Agriculture Ministry. Problems are expected especially in relation to livestock.

Top stories

Wooden toothbrushes prompt small-scale industrial revival in Bratislava Photo

To begin with, young enthusiast Roman Kovács just wanted to change his local environment for the better, and to help people.

Roman Kovács wants to renew production of wooden toothbrushes in Bratislava.

Blog: HR Marketing: Not everybody can be Google!

It is important to know who your target audience is and the position you aspire to achieve as an employer on the market.

Illustrative stock photo

The idea of Slovakia

What does this country stand for? Slovaks could – and should – shout a little louder about what they have achieved, and where they want to go.

D1 highway, illutsrative stock photo

Amazon chose Slovakia for its top returns centre Photo

The online retainer lures its future workers by wages and benefits.