Europe > Eastern Europe > Slovakia > Press Releases

slovakia News

  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • US LNG exports make European market more competitive

    ALBANIA, 2017/08/27 The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend. “Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.
  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
  • Slovakia opens Holocaust museum in former Nazi camp

    SLOVAKIA, 2016/01/28 Slovakia's president and prime minister have opened the country's initial Holocaust museum at a site of a former Nazi labor and concentration camp. Andrej Kiska and Robert Fico inaugurated the museum at a ceremony Tuesday in the western town of Sered. Fico said: "We are obliged to document the tragedy of the Slovak Jews." Slovakia was a Nazi puppet national during World War II. It sent over 70,000 of its Jews to Nazi concentration camps, where most of them perished and only has a tiny Jewish community today.
  • Europe in 2016: Terror fears, migration, politics. But economy may turn a corner

    ALBANIA, 2016/01/02
  • Global growth will be disappointing in 2016: IMF's Lagarde

    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.
  • Slovakia Industrial Production Growth Slows In October

    SLOVAKIA, 2015/12/11 Slovakia's industrial production increase eased in October next strong development in the previous month, data from the Statistical Office of the Slovak Republic showed Thursday. Industrial production grew a working-day adjusted 4.1 % annually following a 7.2 % rise in September. In August, production increased just 0.5 %. Manufacturing output rose 4.3 %, while mining and quarrying production declined 3.8 %. Utility sector output grew 4.3 %.
  • Slovakia Q1 Economic Growth Unrevised At 3-Year High

    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.
  • On falling out of the eurozone by accident

    EUROPEAN UNION, 2015/03/14 If there’s one good thing to say about these insult-laden times, it’s that we're seeing the birth of a European public space.
  • Revised IMF forecasts signal gloom on global economic outlook

    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”.