Business
Bratislava Launches First Mobil Parking System in Slovakia
July 1, 2008.
It is now possible to pay charges for parking in the centre of Bratislava via mobile-phone text messages. The new system provides an alternative to the cards, which will remain valid. Both systems charge Sk10 (€0.33) per hour on weekdays between 8 a.m.-4 p.m.
Misuse of Slovak Koruna Central Parity Rate Change (with Epilogue)
June 26, 2008.
Slovakia went over the biggest scandal of last years. Finance Minister Jan Pociatek was near to resignation. Following opposition's request the National Bank must investigate possible misuse of confidential information and illegal self-enrichments.
Economic Sentiment Indicator Keeps Declining
June 28, 2008.
The economic sentiment indicator in Slovakia keeps worsening and declined 0,6 p.p. to 96,9 percentage points in June 2008 compared with May, reads the latest report published by Statistical Office of the Slovak Republic. The economic sentiment indicator dropped year-on-year 11,4, and 4,1 percentage points in relation to the long-term average.Slovak Entrepreneurs Alliance: Business Conditions in Slovakia Are Getting Worse
June 27, 2008.
The biggest obstacles for businesses in Slovakia lie in poor law enforcement, weak functioning of the courts, legal regulations that are not sufficiently comprehensive, usable nor permanent, along with the high level of bureaucracy, tardy authorities, corruption and a lack of effectiveness in the state economy.
European Commission Requires Slovakia to Remove Investment Restrictions on Pension Funds
June 26, 2008.
The European Commission requires Slovakia to remove investment restrictions for compulsory pension funds deposited in the private pillar of the country's pension system. The Social Affairs ministry declares that it is developing amendments to the act on social insurance and pension savings.European Parliament Approves Slovakia's Entry to Eurozone
June 17, 2008.
The European Parliament approved Slovakia's entry to eurozone as of January 1, 2009.
At the same time, MEPs appeals to the Slovak Government to go an extra mile in order to keep inflation under control and to continue structural economic reforms.Slovakia is Ahead of Many EU States in Ties with Russia
June 14, 2008.
Following Former Slovak premier and current chairman of the Slovak-Russian Society Jan Carnogursky, Slovakia can take advantage of its good relations with Russia – an area in which it's ahead of many EU countries, with the exception of Germany.Trade Between Slovakia and Lithuania Should Grow
June 11, 2008.
Slovak President Ivan Gasparovic and his Lithuanian counterpart Valdas Adamkus stated that relations between Slovakia and Lithuania are good, and that there is a scope for further development.
Employee Wage in Slovakia Rose Most Quickly in Public Administration and Defence
June 8, 2008.
In the 1st quarter of 2008, the average monthly nominal wage of employee in Slovakian economy rose year-on-year by 10,4% and reached SKK 20443.
After taking into consideration development of consumer prices, the real wage rise is 6,2%.
Slovakia has Europe's Fastest-Growing Economy
June 5, 2008.
The growth of Slovakia's economy preserved its fast dynamics at the level of 8.7 percent in 1Q08, albeit a slowdown from the record-breaking 14.3 percent posted in 4Q07.
