Slovakia loses €1.4bn in VAT every year
The gap between ideal and actual VAT collection in Slovakia in 2022 was 14.6% (€1.4bn), down from 16.3% in 2018. This is still the...
Slovakia was the 4th-poorest country in the EU last year
Slovakia was the 4th-poorest country in the EU (in terms of GDP per capita) or 6th-poorest (in terms of actual individual consumption, a...
Slovakia will buy 12 older Black Hawk UH-60 helicopters
Slovakia will buy 12 older Black Hawk UH-60 helicopters in the L version, Defense Minister Robert Kaliňák announced. He will buy them...
Biedronka to open Slovak stores a couple months later
Polish discount retailer Biedronka announced that it will open its first Slovak stores in the first quarter of 2025. Initially, its plan...
Norwegian police to look into money laundering suspicions of Viktor Stromček
There are suspicions of money laundering and tax fraud through Norwegian firm Windmill, to which former Smer treasurer Viktor Stromček...
Energy price subsidies to continue in 2025
The state will keep the prices of electricity, gas and heat for households at the current level in 2025 , PM Robert Fico announced. Cheap...
Moody's downgraded Slovakia’s sovereign rating by one notch to A3
Moody's downgraded Slovakia’s sovereign rating by one notch to A3. The worst rating since 2004 has a stable outlook. The other two major...
Long permitting process in Bratislava significantly increases apartment prices
The long permitting process in Bratislava significantly increases apartment prices, says Milan Murcko, CEO of developer YIT . It takes...
ECB cuts rates by 0.25 of a point
As expected, the European Central Bank cut its key interest rates again, with its main deposit rate going from 3.25% to 3% . This is the...
Kooperativa enters third pension pillar
Insurer Kooperativa acquired a 10% stake in Stabilita , a pension manager in the third voluntary pillar, from IAD Investments (Rastislav...
