Slovakia has its worst rating in the past 20 years, and improving it requires accelerating fiscal consolidation and competitiveness and enhancing the quality of institutions, according to the fiscal responsibility council RRZ. Joining the EU and NATO, adopting the euro, reforms, investment inflows, and growing investor confidence previously improved the rating, but later governments focused only on increasing social benefits, and the Slovak rating became below average within

The gross average wage in the Czech economy was 22% higher than in Slovakia in the first quarter, at €2,076 vs. €1,611, data from the national statistical offices shows. The Czech nominal wage rose by 8.1% annually, and the Slovak one by 6.1%, meaning the gap continues to widen. According to Eurostat, the Czech wage was 57% of the EU average last year, and the Slovak one was 44%. (tnlive.sk) The gap reflects not only the more sophisticated Czech economy, but also the fact tha

V prvom štvrťroku t.r. bola hrubá priemerná mzda v českej ekonomike o 22% vyššia ako na Slovensku, 2.076 € vs 1.611 €, ukazujú údaje národných štatistických úradov. Česká nominálna mzda medziročne stúpla o 8,1% a slovenská o 6,1%, t.j. rozdiely sa stále zväčšujú. Podľa Eurostatu vlani bola česká mzda 57% priemeru EÚ a slovenská 44%. (tnlive.sk) Za rozdielom je okrem sofistikovanejšej českej ekonomiky aj fakt, že Slováci pracujú menej, keďže častejšie využívajú sviatky, dovole

Slovensko má dnes najhorší rating za posledných 20 rokov a na zlepšenie je potrebné pridať vo fiškálnej konsolidácii či konkurencieschopnosti a skvalitniť inštitúcie, tvrdí Rada pre rozpočtovú zodpovednosť. Vstup do EÚ a NATO, prijatie eura, reformy, prílev investícií a rastúca dôvera investorov zlepšovali rating, ale potom sa vlády sústredili len na zvyšovanie sociálnych dávok a slovenský rating sa stal v rámci EÚ podpriemerným. Nedávne zvyšovanie daní nezredukovalo fiškálny

"Slovakia does not need wind farms," said PM Robert Fico. The government will designate zones where wind turbines can be built more easily, but only to meet a Recovery Facility milestone and no actual permits are planned. Slovakia generates 86% of its electricity without CO2 emissions, and intermittent sources require high investment in transmission infrastructure and grid-balancing services. The coalition has already passed legislation requiring wind farms to obtain municipa

Parliament approved legislation requiring the Value for Money Unit to assess all the largest state investments. The current coalition had stripped it of this authority, citing efforts to accelerate permitting, but only created the risk of losing Recovery Facility funds. dennikN.sk)

Parlament schválil legislatívu, podľa ktorej bude Útvar hodnoty za peniaze opäť bez výnimiek posudzovať najväčšie štátne investície. Toto právo mu odňala súčasná koalícia, ktorá argumentovala snahou o zrýchlenie povoľovania, ale priniesla iba hrozbu straty peňazí z Plánu obnovy. (dennikN.sk)

„Slovensko veterné parky nepotrebuje,“ vyhlásil premiér Robert Fico. Vláda vytvorí zóny, kde by sa veterné elektrárne mohli stavať jednoduchšie, ale iba aby splnila míľnik Plánu obnovy. Žiadne povolenia pre veterné parky neplánuje. Slovensko vyrába 86% elektriny bez emisií CO2 a zdroje s nepredvídateľnou výrobou si vyžadujú vysoké investície do prenosovej sústavy a na podporné služby na vyrovnávanie elektrizačnej sústavy. Koalícia už prijala legislatívu, podľa ktorej veterné

Waste management group Kosit, owned by Wood&Co, secured a €226m loan from Tatra banka and ČSOB, to be used for acquisitions, waste management projects and refinancing of existing debt. One of the projects is an expansion of the waste incineration plant in Košice. Kosit posted revenues of €107m and EBITDA of €29m last year. (odpady-portal.sk)

The net effect of the government's pro-growth measures on the economy will be zero, as the government has completely failed to grasp the seriousness of the economic situation, said Rastislav Machunka of the AZZZ business lobby group. He singled out the absence of tax cuts among the measures. KOZ labor union chief Monika Uhlerová also does not view the proposed measures as pro-growth. Economy Minister Denisa Saková agrees that the measures will have no impact on economic growt