Slovakia catches up on Western Europe
Economists point out that Slovakia stopped catching up with Western European living standards during the last decade. GDP per capita in...
Marguerite to acquire a 25% stake in telecoms operator Swan
Investment fund Marguerite is to acquire a 25% stake in telecoms operator Swan (Ondriš brothers; brand 4ka) in exchange for €50m in...
35% income tax rate on salaries above €100,000 annually
The Finance Ministry is planning to introduce a 35% income tax rate on salaries above €100,000 annually from next year, aktuality.sk...
Slovakia the largest customer for Russian gas and oil in the EU
Slovakia was the largest customer for Russian gas and oil in the EU in December, CREA data show. We paid €189m for oil and €127m for gas...
Scope Ratings downgraded Slovakia's sovereign rating
Scope Ratings downgraded Slovakia's sovereign rating from A+ to A, while Morningstar DRBS affirmed the rating but downgraded its outlook....
Power generation rose 11% to 29.9 TWh in 2023
Power generation in Slovakia increased by 11% to 29.9 TWh last year. Consumption, on the other hand, was down 6% to 26.5 TWh, the energy...
Economy Ministry proposes subsidies for the purchase of electric vehicles
The Economy Ministry sent for comments a revision of its Electromobility Action Plan, which proposes subsidies for the purchase of...
Coalition of Smer, Hlas, and SNS made life easier for mafia
The coalition of Smer, Hlas, and SNS approved the amendment to the Criminal Code despite EU objections and mass protests. It abolishes...
Households’ purchasing power rose 10% or €75 a month in 2022-23
Households’ purchasing power rose 10% or €75 a month in 2022-23 despite an inflationary shock, says RRZ. Without energy price...
Technogym to invest €9m in Malý Krtíš
Italian exercise equipment company Technogym plans to invest €9m to expand its production plant in Malý Krtíš. Its staff will increase by...
