Slovak economy OK after Brexit

Slovak economy OK after Brexit

Britain's decision to leave the EU should not have a significant impact on the Slovak economy. This was declared by the National Bank of Slovakia just a few hours after the outcome of the Brexit referendum was announced. According to the Bank's analysis from June, the Slovak economy could slow down by 0.34%. It would represent approximately 5,300 fewer job positions created and an increase in prices by 0.4%. However a complex estimation of a long term consequences cannot be carried out. Brexit could also cause political implications as, for example, other countries leaving the EU or a significant change in the integration process of the EU.


Martina Šimkovičová, Photo: AP/TASR

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