Články / Economics and politics

First year of Čaputová's Presidency

First year of Čaputová's Presidency

On Monday, it is exactly one year since the inauguration of Slovak President Zuzana Čaputová. "It was a unique year and a tough one in terms of the many situations, which we faced and the tasks which needed ...

Rift in the strongest opposition party

Rift in the strongest opposition party

The Deputy Speaker of Parliament and former Prime Minister Peter Pellegrini, who was Smer-SD's election leader in February's general election, has decided to leave the party. He announced this at a press ...

NBS Prognosis: Slovak economy to shrink by 10.3 percent

NBS Prognosis: Slovak economy to shrink by 10.3 percent

The Slovak economy should contract by 10.3 percent this year, according to the latest medium-term prognosis released by Slovakia's central bank (NBS) on Wednesday. NBS thereby worsened its GDP development ...

Help to pay the rent

Help to pay the rent

The state will allocate €200 million to help entrepreneurs who had to close their facilities on the Government's orders due to coronavirus to pay their rent, with Parliament approving a law to that effect ...

Buying time

Buying time

By the end of May almost 157,000 individual clients had asked their banks to have their loan instalments postponed.

Carmaker PSA Slovakia relaunches full production

Carmaker PSA Slovakia relaunches full production

At the weekend, carmaker PSA Peugeot Citroën Slovakia's plant in Trnava, western Slovakia, launched full production as the first car factory in the country, following a halt of its lines due to coronavirus ...

Slovakia's GDP down by 3.7%

Slovakia's GDP down by 3.7%

Slovakia's GDP output in fixed prices in the first quarter of 2020 posted a fall of 3.7% year-on-year. As the Statistics Office reported, this is the first drop after ten years of continuous growth.

State budget deficit swells to €3.14 billion in May

State budget deficit swells to €3.14 billion in May

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 year's ...

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