Economy in slovakia
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ALBANIA, 2016/01/02
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AFGHANISTAN, 2016/01/02
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
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SLOVAKIA, 2015/06/07
Slovakia's economy expanded at the fastest pace in three years in the initial quarter, as estimated initially, new figures from the Statistical Office of the Slovak Republic showed Friday.
Gross domestic product grew an unadjusted 3.1 % year-over-year in the three months ended March, in line with preliminary data, faster than previous quarter's 2.4 % climb.
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AFGHANISTAN, 2015/01/20
Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday.
In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
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SLOVAKIA, 2013/09/12
Next six consecutive quarters of economic deceleration, Slovakia faces better economic data. The positive trend helps Slovakia´s government.
Prime Minister Fico emphasized that austerity measures are a priority for the Slovak government. Next a budget deficit of 4.3% in 2013, Slovakia´s government wants to lower the budget gap to 3.0% of GDP. Due to the promising economic frame conditions, Slovakia´s government may actually reach this objective.
Like other smaller and open nations in Central and Eastern Europe, Slovakia´s major increase driver is the exporting industrial sector. The economic upswing in the Eurozone helps Slovakia to achieve higher increase rates. According to the Slovak Ministry of Finance, the economic increase rate will come at 0.8% this year. In the prior estimate, the Ministry of Finance projected a increase rate of 0.5%. In 2014, GDP is estimated to expand by 2.9%, the Finance Ministry said.
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SLOVAKIA, 2012/12/15
Slovakia's inflation based on the EU measure eased to a six-month low in November, following a modest acceleration in the previous month, data released by the Statistical Office of the Slovak Republic showed on Friday.
The harmonized index of consumer prices (HICP) rose 3.5 % annually in November, after climbing 3.9 % in October. The new figure is the lowest since May, when inflation was 3.4 %.
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SLOVAKIA, 2012/12/15
The past ten years have been a success story for Slovakia.
The country was the last to arrive in the Eurozone (in 2009), and here it is, taunting Europe.
Industrial production is still growing: +2% in May, +10.8% yearly, according to figures published on July 10.
In 2012, the increase rate was approximately 2.5%, far from the other, considerably feebler European economies.
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SLOVAKIA, 2011/08/01
European Council President Herman van Rompuy visited Bratislava on 7 July - while there, he praised the Slovak government for its agreement to meet its commitments related to the problematic situation in the Eurozone and the European Financial Stability Facility (EFSF) and ESM mechanisms.
Nevertheless, he urged Slovakia to back the single European currency through aid to Greece, pointing out that the advantages from which EU countries have already benefited now carry obligations.
