Slovakia’s former prime minister and leader of the ruling Smer party Robert Fico has called for Slovakia’s investment gold, stored in the Bank of England, to be brought home.
The Slovakian Ministry of Economy has announced a subsidy scheme to promote the purchase of electric vehicles and increase their number on Slovakian roads next year.
Saxo Bank analyst John Hardy blames ECB policy for high inflation in Slovakia.
Slovakia's GDP increased by 1.3% year-on-year in the 3Q19, far below expectations, driven mainly by lower foreign demand. Growth increased by 1.8% y/y after seasonal adjustments, and by 0.4% quarter-on-quarter, according to preliminary data published
Slovakia's real GDP growth will significantly slow from 4.0% in 2018 to 2.7% in 2019, according to the European Commission (EC) autumn economic prognosis published on November 7.
If half of the governance gap between Central Europe and the G7 countries was closed, income convergence would be brought forward by almost a generation, says EBRD chief economist Beata Javorcik in an interview with bne IntelliNews.
30 years after the fall of the Berlin Wall the new EU members haven’t yet caught up with Western Europe — but they are drawing level with the Southern European states that were battered by the international economic crisis.