Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

IMF predicts faster GDP growth

SLOVAKIA’S economic growth will gradually accelerate, according to the latest prognosis of the world economic outlook published by the International Monetary Fund (IMF). It forecasts economic output to rise to 2.3 percent from last year’s 0.9 percent, while in 2015 it expects growth to accelerate to 3 percent, the SITA newswire reported on April 9.

SLOVAKIA’S economic growth will gradually accelerate, according to the latest prognosis of the world economic outlook published by the International Monetary Fund (IMF). It forecasts economic output to rise to 2.3 percent from last year’s 0.9 percent, while in 2015 it expects growth to accelerate to 3 percent, the SITA newswire reported on April 9.

Inflation, meanwhile, is expected to remain low. Consumer prices will rise at just 0.7 percent this year, down from 1.5 percent in 2013. Inflation is forecast to accelerate to 1.6 percent in 2015.

The unemployment rate is predicted to decrease only slightly. Compared to last year’s 14.2 percent, the jobless rate will drop to 13.9 percent this year and to 13.6 percent in 2015, SITA wrote.

Top stories

How the national emblem appeared – including so far secret communism designs

Even Slovaks often do not know why the national emblem depicts a white double-cross, and not the Kriváň peak, or the design by artist Vincent Hložník. They also do not know why it makes a difference whether it is…

Offical Slovak national emblem and colours

Bratislava Zoo will have new wolf breeding station

One of most significant investments of the Bratislava Zoo in the year 2017 will be the building of a new wolf breeding station.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between February 17 and February 26, including a race on old wooden sleighs, an operetta premiere, a lot of jazz, classical and rock music, and more.

Rce in krňačky sleighing, Turecká 2017

Some food really is better in Austria, study finds

EC says its role is to monitor safety, not quality – but Slovaks want the same as Austrians, says minister.

Illustrative stock photo