Spectator on facebook

Spectator on facebook

Slovaks plan to spend more this year

SLOVAKS are ready to spend more this year despite the fact that they expect Slovakia’s economic situation in general terms to deteriorate. This follows from a recent survey called Barometer Cetelem 2014, the TASR newswire reported.

SLOVAKS are ready to spend more this year despite the fact that they expect Slovakia’s economic situation in general terms to deteriorate. This follows from a recent survey called Barometer Cetelem 2014, the TASR newswire reported.

While the inhabitants of most European countries believe that the economic crisis is receding, people in France, Italy, Poland and Slovakia are convinced that the general situation of their countries is worsening.

"Such a point of view is a reminder of how fragile the economic recovery in Europe is and how long it will take to fully recover, even though the worst is already behind us," the research report reads, as quoted by TASR.

Whilst last year Slovak consumers awarded a mark of 3.7 to the situation in their country, their evaluation dropped slightly to 3.6 this year. The latest mark is the worst ever since the Barometer Cetelem was first established in 2006.

Nevertheless, the survey showed that Slovaks are planning to boost their spending this year.

"Slovaks show their consumer appetite in order to catch up with the standards of western European households," according to Cetelem. Slovak consumers are entertaining plans to spend money, particularly on household appliances, renovation work on their homes, travel as well as leisure time activities.

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

UPDATED: Police investigate protest organisers over Soros allegations

The National Criminal Agency wants to see the accounts of the protest organisers due to a criminal complaint alleging they are paid by George Soros.

All eyes on Humenné: The symbol of Smer's decline

The loss of Smer's Jana Vaľová in the mayoral race has become symbolic of the 2018 municipal vote.

Jana Vaľová

"Pick your own" strawberries in November Photo

There are about three tonnes near Piešťany. They are hard but still sweet.

November strawberries

Tom Odell surprised Slovak band in Bratislava Video

The British artist was wearing a T-shirt, presented to him by the Tolstoys, from start to finish at his Bratislava concert.

Tom Odell