Slovakia plans to allocate EUR 66mn from the EU funds to reduce the high unemployment rate among young people, which reaches more than 30%, Hospodarske Noviny reported. The project, which will be discussed with the European Commission at the Brussels on April 24, 2012, envisages that the state will reimburse companies that create jobs for school-leavers and university graduates. Out of the current 400,000 unemployed people in Slovakia, nearly 70,000 are young people below the age of 25. Slovakias youth unemployment is the second-highest in the European Union after Spain. |
German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more
Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more
France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more