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Consumer Price Growth in Slovakia Continues to Slow Down

Consumer Price Growth in Slovakia Continues to Slow Down

The growth rate of consumer prices in Slovakia continues to decelerate slightly. In July, inflation measured by the national index was at 1.5 percent; down from June’s 1.6 percent. Year-on-year, prices ...

Slovakia Warned Over 4G Network Auction

Slovakia Warned Over 4G Network Auction

The European Commission has warned Slovakia over the delay in organizing its 4G network auction. “We asked for a postponement of the frequency allocation in the 800 MHz band until the end of this year,” ...

No Deal on Minimum Wage Increase

No Deal on Minimum Wage Increase

Representatives of employers, the government, and trade unions failed to reach an agreement on an increase in the minimum wage as of next year. They will have another round of negotiations in late August. ...

Workers Trapped in Tunnel in Levoča, One Dies

Workers Trapped in Tunnel in Levoča, One Dies

Rescuers were trying to save six workers who got trapped in tunnel in Levoča (Prešov region) on Monday morning. One of the men, 39 year old tamper did not survive, another five men are injured. The accident ...

Forest Fire near Betliar Finally Put out after Five Days

Forest Fire near Betliar Finally Put out after Five Days

Fire-fighters have managed to put out an extensive forest fire near the village of Betliar (Košice region) after five days shortly after midday on Saturday. "The equipment was back at our bases at 5.31 ...

Minimum Wage Rise Might Endanger Jobs in Some Sectors

Minimum Wage Rise Might Endanger Jobs in Some Sectors

According to UniCredit Bank analysis, a proposed rise in the minimum wage may be 'a double-edged sword'. "A minimum wage that is too high may directly endanger jobs with low added value, as the value that ...

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