Three in four Slovaks have trouble paying expenses

THREE quarters of Slovaks admit to having difficulty with paying their current expenses, based on data from the Slovak Statistics Office. The statistics show that up to 76.4 percent of Slovak households have problems paying for basic expenditures such as clothing, food and pet supplies.

THREE quarters of Slovaks admit to having difficulty with paying their current expenses, based on data from the Slovak Statistics Office. The statistics show that up to 76.4 percent of Slovak households have problems paying for basic expenditures such as clothing, food and pet supplies.

"The highest proportion of households with such difficulties can be found in Banská Bystrica Region. This region has one of the highest unemployment rates, which is inevitably reflected in the financial situation of the households," explained Poštová Banka analyst Eva Sadovská, as quoted by the TASR newswire.

Conversely, Bratislava Region has the lowest proportion of households for which paying current expenditures is a hardship. Even in the capital, however, seven out of ten households admit to having problems. Single-parent families, in particular, as well as retirees, are reported to be having difficulty paying bills.

"Almost 86 percent of households with only one parent living with at least one child have difficulty paying bills. Current expenditures present difficulties also for eight out of ten two-person households with at least one of them retired," said Sadovská, as quoted by TASR. Most of the income of Slovak households goes towards paying bills for housing, water, electricity and gas. These costs make up more than one fifth of all consumer spending of Slovaks.

Source: TASR

Compiled by Michaela Terenzani from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Coalition demands the right of reply for politicians

Politicians ponder new provisions for the Press Code, Speaker of Parliament Danko wants to defend himself against op-eds too.

The ruling coalition (L-R: SNS-Andrej Danko, Smer-Robert Fico. Most-Híd-Béla Bugár).

Maya expert: The world we live in is not the only one possible

Leading Slovak expert contributes to rewriting Maya history.

Milan Kováč

Theresa May at least has the courage to try

May keeps her job because nobody else is capable, or willing, to take on the impossible task of Brexit.

Theresa May

Slovakia faces an important vote: How will the country look in the next 12 years?

The quality of the Constitutional Court, the last instance of defence of constitutionality in the country, depends on its 13 judges.

Constitutional Court