Tourism company Tatry Mountain Resorts (TMR) is to lay off 260 employees in Slovakia, in reaction to closed operations and the complicated situation in tourism brought about by the coronavirus crisis. ...
According to data released by the Slovak Automobile Industry Association (ZAP), Slovak carmakers produced some 985,000 vehicles last year, which was 11 percent down from the record year of 2019.
This year will be crucial from the Finance Ministry's point of view as the year of economic restart and recovery in the aftermath of the COVID-19 pandemic, Finance Minister Eduard Heger (OĽaNO) said on ...
The second wave of the novel coronavirus pandemic is having a milder impact on the Slovak economy as compared to the first wave, but it's lasting longer.
A significant recovery of the Slovak economy could start in spring this year, however, the level of uncertainty is very high, stated Katarína Muchová, analyst of the Slovenska Sporiteľňa bank.
As many as 34% of jobs in Slovakia's industry may cease to exist in the future due to robotisation, according to FinGo.sk analyst Lenka Buchlaková. The most affected should be mainly jobs in car factories ...
The public budget deficit in 2020 will likely equal 6.75 percent of GDP or €6 billion, according the latest Budgetary Semaphore report drafted by the Budgetary Responsibility Council (KRRZ).
Slovakia has significantly worse prospects for economic recovery after the end of the coronavirus pandemic than other developed countries.
The coronavirus epiddemic has decreased the number of foreigners working in Slovakia by approximately 10.6% (approximately 8,300), indicate the data of the Central Office of Labor, Social Affairs and Family. ...
The implementation of Slovakia's recovery plan will be the Government's biggest challenge, Finance Minister Eduard Heger (OLaNO) stated during an online discussion on the recovery plan - a document that ...
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