Changes in EIA to speed up permitting process
The government approved a revision to the Environmental Impact Assessment Act, according to which 90% of investment projects will be...
Slovakia’s hourly labor costs rose from 36% to 54% of the EU average in 2012-23
Slovakia’s hourly labor costs rose from 36% to 54% of the EU average in 2012-23, Eurostat data show. In 2023, the lowest labor costs were...
Slovakia is the EU’s 4th-poorest country
Slovakia is the EU’s 4th-poorest country, if you believe Eurostat data on GDP per capita in purchasing power standards. Revised data put...
AirCar flying car to be made in China
Klein Vision (Štefan Klein) sold a license for its AirCar flying car to Chinese firm Hebei Jianxin Flying Car Technology for several...
Slovakia has the worst long-term sustainability of public finances in the EU
Slovakia has the worst long-term sustainability of public finances in the EU, according to the latest European Commission report. The...
Ivan Korčok won the first round but Peter Pellegrini remains favorite to win presidency
Ivan Korčok, a pro-Western diplomat, surprisingly won the first round of the presidential election ahead of Peter Pellegrini, who is...