Copyright  © 1994 - 2019    Symsite Research         All rights reserved.

Slower economic growth and public finance deficit

20.09.2019

The Slovak economy’s growth pace will slow down from last year’s 4.1% to this year’s 2.4% and to 2.3% in 2020, according to the latest Finance Ministry prognosis. The cut in forecast reflects slower growth in Germany, our key trading partner, which also impacts Slovakia’s labor market.

Finance Minister Ladislav Kamenický (Smer) claims the slower growth is to blame for missing the target of balanced public finances this year. In fact, the deficit will be caused by underestimated spending and overestimated revenues. He will try to cut spending by ministries by €200m this year.

 

(Pravda/10)

Please reload

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

MiddleCap Group acquired BBF Tech

13.12.2019

The anti-trust authority PMÚ is reviewing the acquisition of BBF Tech (Ivan Petríček and Miroslav Biroš) by MiddleCap Group (Miroslav Výboh). (antimon...

Smer stole idea for election TV spot

13.12.2019

Israeli agency Shaviv is considering suing the Smer party for stealing the idea for a TV spot. In it, Robert Fico plays a kindergarten teacher discipl...

Smer ukradol ešte aj predvolebný spot

13.12.2019

Izraelská agentúra Shaviv zvažuje žalobu na stranu Smer za krádež námetu na volebné video. Robert Fico v ňom hrá učiteľa v škôlke, ktorý karhá neposlu...

1/5
Please reload