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PM Robert Fico: VAT to stay at 20%

PM Robert Fico: VAT to stay at 20%

Prime Minister Robert Fico does not plan to reduce the rate of value added tax (VAT) from 20 percent to 19 percent. Fico claims lowering VAT would not bring a reduction of prices.The tax increase has brought ...

U.S. IT giant coming to eastern Slovakia

U.S. IT giant coming to eastern Slovakia

U.S. IT giant GlobalLogic is likely to open a new engineering centre in Kosice, thereby creating as many as 500 new jobs, Hospodarske Noviny daily reports. GlobalLogic ranks among the top IT players in ...

New data centres for Slovak ministries

New data centres for Slovak ministries

The Cabinet intends to build two brand-new data centres that should process data and applications of all ministries. The cost of the project is estimated at €250 million, whereby it should be refunded ...

Smer Wealthiest Slovak Party in 2013

Smer Wealthiest Slovak Party in 2013

The governing Smer-SD was the richest political party in Slovakia in 2013, with its property portfolio exceeding a value of €11.2 million says data of a report on the property of political parties which ...

D1 Motorway from Bratislava to Košice realistic in 2019

D1 Motorway from Bratislava to Košice realistic in 2019

If no more complications occur on the section between Martin and Ružomberok, it's realistic to expect that the D1 motorway from Bratislava to Košice will be completed in 2019, Construction and Regional ...

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