Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Foreign trade surplus on the rise

SLOVAKIA’s foreign trade recorded a surplus of €664.1 million in May, a decrease of €251.7 million in annual terms, the Slovak Statistics Office (ŠÚ) reported on July 9.

SLOVAKIA’s foreign trade recorded a surplus of €664.1 million in May, a decrease of €251.7 million in annual terms, the Slovak Statistics Office (ŠÚ) reported on July 9.

Overall exports from Slovakia reached €5.645 billion in what represents an annual rise of 3.6 percent. Imports dropped by 1.1 percent to €4.981 billion, the TASR newswire quoted from the report. When the first five months of the year are considered, foreign trade surplus amounted to €2.536 billion, a rise of €998.6 million on an annual basis. Exports swelled by 4.2 percent year-on-year to €26.468 billion, with imports rising just slightly, by 0.3 percent in annual terms, to €23.932 billion.

The ŠÚ also released detailed figures for foreign-trade developments in April, when a surplus of €576.6 million was recorded. Imports in the fourth month of the year rose by as much as 10.3 percent year-on-year to €5.628 billion, with imports increasing by 4.5 percent to €5.052 billion.

Over the first four months of the year, the biggest trade surpluses were with Germany (€1.321 billion), Austria (€926.9 million), Poland (€883.3 million) and the Czech Republic (€854.1 million). Conversely, the largest deficits were with South Korea (€1.778 billion), Russia (€1.033 billion), China (€753.9 million) and Japan (€216.2 million).

Top stories

How did Communism happen in Czechoslovakia?

For the 40 years, Czechs and Slovaks would celebrate February 25 as Victorious February, even though the enthusiasm of most of those who supported Communists in 1948 would very quickly evaporate.

Prime Minister Klement Gottwald (right) swears an oath into the hands of President Edvard Benes on February 27, 1948 at the Prague Castle.

Cemetery with a remarkable creative concept Photo

The shapes of tombstones were prescribed until 1997

Vrakuňa Cemetery in Bratislava

Historian: After 1948, Czechoslovakia was paralysed with fear

On February 25, Czechs and Slovaks mark 70 years since the rise of Communism in their common state. Historian Jan Pešek talks about the coup and its aftermath.

Demonstration in Prague, Wenceslas' Square, on February 28, 1948.

Blog: Foreigners, get involved

What about making our voices heard? And not only in itsy-bitsy interviews about traditional cuisine and the High Tatras.

Regional election 2017