The annual rate of euro area inflation, as measured by the Harmonised Index of Consumer Prices, was 2.7% in February, almost unchanged from its level in January. According to Eurostat, the euro area’s gross domestic product for the fourth quarter of 201l grew by 0.7% in year-on-year terms and by 0.3% when measured against the [...]
Slovak Investment and Trade Development Agency (SARIO) continues its mission to attract foreign investors. Its representatives will take part in the investment seminar in Dallas and opening of the Slovak pavilion in Silicon Valley. This trip is a part of the SARIO´s project “Business Friendly Slovakia” which aims to present Slovakia and establish contacts with [...]
In the wake of Gorilla corruption allegations and the demands of protesters to make political party funding and conflicting relations more transparent, the issue is now being approached by the future government of Robert Fico, which could introduce a reporting obligation for politicians on who they meet, when and why. Certain kinds of ‘collaboration’ between [...]
According to the latest flash estimate of the Financial Policy Institute (IFP) of the Ministry of Finance, the Slovak economy looks set to enjoy more favourable growth this year than previously projected. A press release of the Financial Policy Institute (IFP) provided to The Daily.sk yesterday, now puts the likely GDP growth of the country [...]
The City of Bratislava has now made a call for tenders to supply the automated city bike rental system that it outlined in February, which will see stations set up throughout Bratislava where residents and visitors alike can pick up a bike for a small fee and then, hopefully, leave it at a different [...]
A battle could be about to ensue for a lucrative stake in gas utility SPP, but with the new government things won’t be so easy. According to an article in today’s Hospodarske Noviny, Robert Fico and his new majority government will probably try to gain control themselves. Here TheDaily.sk provides you with an unofficial translation [...]
Steelmaker U.S. Steel Kosice looks set to downsize its 14,500 strong workforce by around 10% over the course of the next three years, reports daily Hospodarske Noviny today. According to information obtained by the daily, some 1,655 employees will lose their jobs by 2015, with the emissions tax being given as the main reason for [...]
Slovak gas transmission system operator Eustream has announced public procurement for the supply of material and work for the planned Slovak-Hungarian Gas Interconnector worth a projected value of around EUR 18 million. Only around 20km of the 115km stretch of pipeline linking the two transmission systems is in Slovakia and the company is looking for [...]
At a press conference today, head of national regulatory authority URSO Jozef Holejncik announced a cut in gas prices across the board ofr households by an average of 5.24% for this year, much to the dismay of the regulated gas utility SPP. The decision of the Board for Regulation at URSO is final without a [...]
Finally, it looks like the practicalities in arranging copies of documents like title deeds are set to become simpler as the Ministry of Finance is launching a programme of so-called e-points in March. The pilot run of the e-points project will involve post offices in Bratislava and Trencin, with others soon to follow to produce [...]
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