Články / Economics and politics

Price of housing sees 3.6% quarterly increase

Price of housing sees 3.6% quarterly increase

The average price of housing in the second quarter of this year increased by 3.6% as compared to the previous quarter, while y-o-y prices continued their rise by 11.2%, according to the latest report o ...

Klub 500 concerned by Finance Minister statements

Klub 500 concerned by Finance Minister statements

Members of Klub 500 (an association of companies with more than 500 employees) are concerned by statements made by Finance Minister Eduard Heger (OLaNO) addressed to their chairman Vladimir Sotak, Klub ...

Slovak economy declines by 14.8% y-o-y in Q2

Slovak economy declines by 14.8% y-o-y in Q2

The Slovak economy is slowly but gradually switching back on. According to the latest estimate from the Office of the Council for Budget Responsibility, after reaching its low-point in April, when it f ...

Profits of Slovak banking sector down 64%

Profits of Slovak banking sector down 64%

The profits of the banking sector in Slovakia fell by almost 64% year-on-year in the first half of 2020 to €125 million, which was mainly due to higher volumes of provisions and the special banking lev ...

US Steel unions on strike alert

US Steel unions on strike alert

Trade unionists from the Košice steelworks announced a strike alert on Wednesday. The reason is that even after 25 rounds of collective bargaining, they have not agreed on the new wording of the compan ...

Slovak economic sentiment improves in July

Slovak economic sentiment improves in July

Economic sentiment in Slovakia has improved in July after an historic slump in the previous three months. The three-month moving average of the seasonally adjusted economic sentiment indicator (ESI) in ...

€ 10 million for Upper Nitra region transformation

€ 10 million for Upper Nitra region transformation

A national project of the Ministry of Investments, Regional Development, and Informatisation for 10 million euros aims to support the development of the Upper Nitra region. During her visit to the regi ...

Newly announced Social Package criticized

Newly announced Social Package criticized

Negatives prevail over positives in the presented government social package, and it largely contains populist proposals, the Slovak Business Alliance (PAS) stated, calling for the scrapping of 13th pen ...

Formation of state-owned IT company on horizon

Formation of state-owned IT company on horizon

The Government wants to create a state-run company based in Košice focused on information technology and IT project solutions, Investments, Regional Development and Informatisation Minister Veronika Re ...

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