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A firm’s owner can impede generational succession

Seven key ways to deal with transition of a family business.Mario Fondati29. Mar 2017, at 6:30

Family business, illustrative stock photo.

Shops will be closed on all national holidays

The list of days when shops are closed has been expanded to 15-and-a-half days, including Good Friday and Easter Monday. Compiled by Spectator staff ,28. Mar 2017, at 22:59

Illustrative stock photo

Central bank: Economy to rise by 3.2 percent

The automotive industry should contribute to the economy’s growth. Compiled by Spectator staff ,28. Mar 2017, at 22:21

Kia Motors Slovakia in Teplička nad Váhom.

Slovakia to open labour market to foreigners

The current rules for employing non-EU nationals will change in April. Compiled by Spectator staff ,28. Mar 2017, at 14:24

Illustrative stock photo.

UniCredit considers selling Czech and Slovak divisions

The bank has not yet confirmed the rumours. Compiled by Spectator staff ,28. Mar 2017, at 14:18

UniCredit Bank branch in Bratislava

Slovaks know basics about products

More than one-third of Slovaks fully rely on their knowledge about current and savings accounts, insurances, loans and investments. Compiled by Spectator staff ,28. Mar 2017, at 6:30

Illustrative stock photo

EU opens e-payment market to IT giants

People should benefit from stronger competition, faster and cheaper payments and higher security. Peter Adamovsky ,28. Mar 2017, at 6:30

Illustrative stock photo

Problematic Brazilian meat found in Slovakia

Authorities call on consumers to check origin of meat. Compiled by Spectator staff ,27. Mar 2017, at 22:46

State Veterinary and Food Administration head Jozef Bíreš shows a photo of Brazilian chicken livers contaminated by gall.

Trade unionists and management of Kia carmaker agree on higher wages

They will sign the document on Tuesday, March 28.27. Mar 2017, at 22:41

Car manufacturing in Kia Motors Slovakai in Teplička nad Váhom.

Benefits – the main motivation for employees?

The benefits offered may help to attract and retain them, but do not guarantee they will stay in the job.Dana Blechová27. Mar 2017, at 12:00

Illustrative stock photo

NBS checked non-banking firms

Some 300 violations of the new rules, which also include the duty for non-banking firms to have licence for their business, have been revealed since 2015. Compiled by Spectator staff ,27. Mar 2017, at 6:30

The National Bank of Slovakia

Interest rates remain low

Cheap mortgages still attract clients, but the new rules set by the central bank may change the current situation. Radka Minarechová ,27. Mar 2017, at 6:30

Banking clients should prepare for changes.

Slovakia has more payment cards

Also the number of transactions made by payment cards increased in annual comparison. Compiled by Spectator staff ,26. Mar 2017, at 9:00

Regulation should bring savings of billions of euros to retailers.

Slovak loans belong to the cheapest

The only countries with cheaper one- to five-year fixation mortgages at the end of last year were Germany, France, Austria, Finland and Luxembourg. Compiled by Spectator staff ,25. Mar 2017, at 9:00

Fixed-rate mortgages are popular in Slovakia.

Young people to prepare for changes

Some observers call for scrapping the state-subsidised mortgages for the young. Compiled by Spectator staff ,24. Mar 2017, at 12:30

Foreigners cannot always make their way around without a Slovak speaker by their side.

Mobile apps become ordinary service

Smartphone applications bring additional value to internet banking via faster access and higher security. Erik Rédli ,24. Mar 2017, at 12:30

The use of smartphones is on the rise.

VAT collection efficiency is improving

Financial Administration sees measures taken to combat tax frauds and evasion as behind the improvement. Compiled by Spectator staff ,23. Mar 2017, at 22:39

Parliament passed ban on giving out plastic bags for free

Slovaks consume 466 plastic bags annually, more than double the EU average. Compiled by Spectator staff ,23. Mar 2017, at 22:34

Plastic bags are popular in Slovakia, illustrative stock photo.

Slovakia 20th on Global Energy Architecture Performance Index

Slovakia ended up in the top 20 among the 127 evaluated countries. Compiled by Spectator staff ,23. Mar 2017, at 15:22

Maroš Šefčovič

Slovakia responds cautiously to possible EC-Gazprom deal

EC says commitments by Gazprom would improve trade in Russian gas in Europe. Jana Liptáková ,23. Mar 2017, at 15:05

European Commissioner for Competition Margrethe Vestager speaks during a media conference regarding Gazprom at EU headquarters in Brussels on March 13.

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