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ANOTHER YEAR OF FISCAL BELT-TIGHTENING

February: The top business stories of 2012

Slovakia’s government bond rating downgraded. Moody’s Investors Service downgrades Slovakia’s government bond ratings to A2 from A1. The outlook changes to negative. The agency justifies its decision by pointing to the uncertainty over the prospects for institutional reform in the eurozone and the weak macroeconomic outlook across the region. Another factor is Slovakia’s increased susceptibility to financial and political event risk, presenting considerable challenges to achieving the government’s fiscal consolidation targets.

Slovakia’s government bond rating downgraded. Moody’s Investors Service downgrades Slovakia’s government bond ratings to A2 from A1. The outlook changes to negative. The agency justifies its decision by pointing to the uncertainty over the prospects for institutional reform in the eurozone and the weak macroeconomic outlook across the region. Another factor is Slovakia’s increased susceptibility to financial and political event risk, presenting considerable challenges to achieving the government’s fiscal consolidation targets.

Parliament approves law on salaries for nurses. The aim of the law is to prevent the salaries of nurses and midwives from falling under a certain level, between €640 and €928 per month, depending on experience. In July the Constitutional Court suspends the law, but as of late December 2012, it has yet to rule definitively.

Financial Administration director dismissed due to malfunctioning IT system. Finance Minister Ivan Mikloš dismisses Igor Krnáč from his post as head of the Financial Administration due to his failure to handle implementation of a new information system to be used by the Financial Administration, resulting in chaos in collecting and administering taxes in Slovakia. Also, Miroslav Mikulčík is dismissed from his post as director of the Financial Operations Competence Centre at Slovakia’s Financial Administration due to persistent problems with the information system used in tax administration.

March: The top business stories of 2012

April: The top business stories of 2012

May: The top business stories of 2012

June: The top business stories of 2012

July: The top business stories of 2012

August: The top business stories of 2012

September: The top business stories of 2012

October: The top business stories of 2012

17. Dec 2012 at 0:00  | 

Top stories

EC: Focus on education and labour market

Some recommendations remain the same as last year.

Illustrative stock photo

No Slovaks among the victims of Manchester attack so far

The representatives of Slovakia have expressed their sympathy to the families of the victims.

Police guard close to the Manchester Arena in Manchester, Britain, on May 23, 2017, a day after an explosion.

Slovak paralympic athletes win gold and bronze at World Championship

Three Slovaks became world champions in table tennis in the TM2 category at the World Paralympic Championship in Bratislava.

L-R: Ján Riapoš, Martin Ludrovský in the Slovakia-Taiwan match at the paralympic world championship, May 19.

It's not your Slovakia, Bystrica protesters told Kotleba

President Andrej Kiska spoke to the crowd at the protest gathering, asking Slovaks what kind of country they want to have.