ANOTHER YEAR OF FISCAL BELT-TIGHTENING

May: The top business stories of 2012

Parliament okays Fico’s programme. On May 15 parliament adopts the programme statement which the government of Prime Minister Robert Fico will pursue over the next four years. The programme is organised around 10 priorities, with the government stating that the top priority will be to ease the impacts of the European economic crisis and strengthen economic security for Slovak citizens, followed by the commitment to reduce the country’s public finance deficit to 3 percent of GDP or less in 2013, and to support economic growth and price stability. The government also aims to reduce the high level of unemployment among young people and seek solutions to deal with the large proportion of the population that has been unemployed for a year or more. The programme statement also speaks about improving the enforceability of the law in Slovakia and systematically eliminating corruption at all levels of society.

Parliament okays Fico’s programme. On May 15 parliament adopts the programme statement which the government of Prime Minister Robert Fico will pursue over the next four years. The programme is organised around 10 priorities, with the government stating that the top priority will be to ease the impacts of the European economic crisis and strengthen economic security for Slovak citizens, followed by the commitment to reduce the country’s public finance deficit to 3 percent of GDP or less in 2013, and to support economic growth and price stability. The government also aims to reduce the high level of unemployment among young people and seek solutions to deal with the large proportion of the population that has been unemployed for a year or more. The programme statement also speaks about improving the enforceability of the law in Slovakia and systematically eliminating corruption at all levels of society.

Owner of Tatravagónka buys German chassis manufacturer ELH. The company Optifin Invest, which is 100-percent owner of the sole manufacturer of railway freight wagons and carriages in Slovakia and one of the largest in Europe, Tatravagónka Poprad, makes its third foreign acquisition. After the acquisition of the Polish company Fabryka Wagónow Gniewczyna in 2009 and the Serbian company Bratstvo Subotica in 2011, it acquires a 100-percent stake in German company ELH Eisenbahnlaufwerke Halle GmbH. KG, Landsberg.

February: The top business stories of 2012

March: The top business stories of 2012

April: 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

Top stories

News digest: Slovak-Hungarian relationship has never been as good as now, Hungarian MFA says

Health Ministry fears spread of Delta strain from football match in Budapest. Hungarian Foreign Affairs Minister refutes claims of a negative relationship with his Slovak counterpart. Read more in today's digest.


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Illustrative stock photo

Law change makes cannabidiol legal

CBD allowed in cosmetics, but off the menu for food products.


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The Umbrella March is held in Bratislava this Sunday, June 20, 2021.

A record set by Luis Suarez has been broken in Slovakia

Read other interesting stories from this week in the roundup.


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A paraglider flies over a valley from the Martinské hole mountains.

The Slovak region compared to Tuscany is a big unknown

Set out on a trip to the Turiec region with a new Spectacular Slovakia podcast series.


17. jún