Články / Economics and politics

State budget deficit swells to €3.14 billion in May

State budget deficit swells to €3.14 billion in May 2. 06. 2020 | 15:01

The state budget deficit recorded a pronounced rise under the pall of the coronavirus crisis, when it swelled to €3.14 billion at the end of May and thus surpassed the projections approved for this yea ...

Opinions split on whether to keep or end the state of emergency

Opinions split on whether to keep or end the state of emergency 29. 05. 2020 | 13:35

At a press conference on Thursday, Prime Minister Igor Matovic (OLaNO) announced that Slovakia needed a more rigorous analysis into whether or not it can operate even without the state of emergency or whether the Government should keep it in effect as a form of prevention.

Slovakia to Receive €8 bn from EU as Part of Recovery Plan

Slovakia to Receive €8 bn from EU as Part of Recovery Plan 28. 05. 2020 | 15:17

Slovakia will receive about €8 billion from the European Commission by 2024, unveiled the Commission on Wednesday. The aid should be part of a €750-billion EU recovery plan titled "Next Generation EU" designed to help revive European economies affected by the novel corona crisis pandemic.

Retailer group: 40,000 redundancies if shops close on Sundays

Retailer group: 40,000 redundancies if shops close on Sundays 27. 05. 2020 | 14:55

The Initiative of Slovak Retailers (ISKM) stated on Tuesday that working in shops on Sundays should be made voluntary for employees. ISKM was speaking in response to the initiatives of some MPs to intr ...

Number of customers in accommodation down by 65% in March

Number of customers in accommodation down by 65% in March 25. 05. 2020 | 15:37

The number of customers of accommodation facilities in Slovakia fell by 65% in March, mainly due to the novel coronavirus outbreak, the Statistics Office reported on Monday.

Poll: Ordinary People party would win again

Poll: Ordinary People party would win again 25. 05. 2020 | 15:05

If a general election had been held in Slovakia in May, the largest governing Ordinary People party would win again with 22.9%, indicates a poll conducted by the Focus agency.

Almost 61,000 people received social benefits in April

Almost 61,000 people received social benefits in April 25. 05. 2020 | 15:00

The number of people receiving social benefits in Slovakia fell by almost 4,400 year-on-year in April to fewer than 61,000, the Labour, Social Affairs and the Family Centre (ÚPSVaR) reported on Monday. ...

Unemployment in April rises sharply

Unemployment in April rises sharply 21. 05. 2020 | 15:31

The impact of the novel coronavirus outbreak was reflected in the Slovak labour market in April this year when the registered unemployment rate reached 6.57 percent.

Slovakia's GDP down

Slovakia's GDP down 15. 05. 2020 | 14:30

Slovakia's economy fell in the first quarter of 2020, with the Gross Domestic Product (GDP) in fixed prices going down by 3.9% in year-on-year (y-o-y) terms, the Slovak Statistics Office reported on Fr ...

Volkswagen Slovakia to extend its production

Volkswagen Slovakia to extend its production 15. 05. 2020 | 14:01

The carmaker and biggest private employer in the country, Volkswagen Slovakia will extend its production as of next week, resuming a two-shift operation in part of its plant, company spokesperson Lucia ...

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