Slovak ministers have approved the country’s priorities of the presidency of the Council of European Union on June 30; while the presidency itself starts a day later. They include economic growth, single digital market, building up the Energy Union, and migration. Government left approval of the priorities for the very last
Read MoreAuthor Archives Hanno Willemsen
Slovakia’s economy keeps growing
Posted on november 17, 2015
Posted by Hanno Willemsen
Driven by domestic consumption the growth rate is at its highest since the final quarter of 2010. Slovakia’s economy is maintaining its growth momentum when it increased by 3.6 percent y/y at constant prices during the third quarter of 2016, based on the flash estimate of the Slovak Statistics Office.
Read MoreEC forecast points to economic growth for Slovakia
Posted on juni 23, 2015
Posted by Hanno Willemsen
The Slovak economy is posting its best results in employment, economic growth and domestic demand since the global economic crisis, Finance Minister Peter Kažimír said in response to the spring forecast the European Commission introduced May 6. It increases the forecast of the Slovakia’s economic growth for 2015 and 2016 and cites low oil prices,
Read MoreEC Forecasts Positive Growth for Slovakia
Posted on mei 06, 2014
Posted by Hanno Willemsen
The latest European Economic Forecast – Spring 2014 from the European Commission bodes well for Slovakia, as the country is expected to enjoy economic growth this year and next, in the wake of a slowdown last year. The Slovak economy slowed down in 2013 but growth is expected to gather
Read MoreChinese Automotive Firms Eyeing Slovakia
Posted on januari 17, 2014
Posted by Hanno Willemsen
Two potential Chinese investments from the automotive sector could be heading to Slovakia, according to reports in today’s newspapers, with the possibility of yet another car plant being located here. Firstly, the company Qoros has its eyes on Slovakia as the potential site for its new European plant, according to
Read MoreA city of a hundred nations
Posted on oktober 19, 2013
Posted by Hanno Willemsen
Bratislava has always been a multicultural city, the result of its location on the crossing of trade routes and close to several national borders. Its traditional composition of inhabitants has typically depended on the current ruling nation and the political situation in central Europe, which has been in flux for
Read MoreMoody’s improves Slovakia’s rating
Posted on oktober 07, 2013
Posted by Hanno Willemsen
The Moody’s Investors Service rating agency revised its rating for Slovakia from negative to stable on October 5. The rating, currently at the A2 level, is not expected to change in the short term, the SITA newswire reported. Slovakia’s improved outlook came due to expectations that its public debt in
Read MoreFinance Ministry predicts 0.8-percent growth
Posted on september 20, 2013
Posted by Hanno Willemsen
Slovakia’s economy will grow faster than the state originally predicted, with the Finance Ministry changing its prognosis for this year and increasing the rate of economic growth to 0.8 percent. In June the ministry anticipated that the economy would rise only by 0.5 percent. Yet, the more optimistic prediction will
Read More