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Slovaks\' Standard of Living Rising Fastest in Visegrad Four Group

Bratislava, November 14 (TASR) - The standard of living in Slovakia is growing at the fastest pace among the Visegrad Four countries (Slovakia, the Czech Republic, Poland and Hungary), Postova Banka analyst Eva Sadovska has said. "After the dissolution of Czechoslovakia (in 1993), Slovaks' standard of living in terms of gross domestic product was substantially worse than… read more

Miskov Highlights Importance of Austrian Investments in Slovakia

Bratislava, November 14 (TASR) - Austria ranks as the third largest investor in Slovakia, Economy Minister Juraj Miskov (Freedom and Solidarity/SaS) has said at a recent meeting of the Slovak-Austrian Chamber of Commerce. "Austria was previously the second largest investor in Slovakia. It remained among the top three in 2009, but dropped to the third spot. A subsequent… read more

Radicova Urges More Coalition Talks on Choice for Prosecutor-General

Bratislava, November 14 (TASR) - Prime Minister Iveta Radicova has asked chairs of Coalition parties for further talks concerning the election of a new prosecutor-general, TASR learnt on Sunday. In addition, the premier has put off the previously announced date of a session of the Coalition Council from Monday, November 15 to Saturday November 20 in order for party leaders… read more

Survey: Slovaks to Spend Less on Christmas Shopping than Most Europeans

Bratislava, November 13 (TASR) - Slovaks intend to spend far less money on Christmas than consumers in the majority of other European countries. This is according to a survey by Deloitte company, with its results released on Saturday. On average, Slovak consumers who participated in the survey aim to fork out €435 on Christmas presents, food and events. Only consumers… read more

Slovglass Poltar Management on Lookout for New Investor

Poltar, November 12 (TASR) - The management of glass-maker Slovglass Poltar (Banska Bystrica region) has conceded that the company has been experiencing problems due to the global crisis ever since the summer. Sales have been declining, with smaller revenues as a result. Because of this, Slovglass Poltar is looking for a new domestic or foreign investor to bring financial… read more

Analysts: Exports and Investments Spurring on Slovak Economy

Bratislava, November 12 (TASR) - The Slovak economy in the third quarter of 2010 was mainly spurred on by foreign demand and investments, while domestic consumption stood still, most analysts concurred on Friday. According to a quick estimate released by the Statistics Office earlier on Friday, the Slovak economy grew by 3.7 percent year-on-year in the third quarter of… read more

Cabinet Okays €1.3-billion Loan From EIB

Bratislava, November 12 (TASR) - Slovakia is set to draw up to €1.3 billion from the European Investment Bank (EIB) within the co-financing of EU-funded projects after the Government on Friday approved an agreement proposal between the EIB and Slovakia on a framework loan for funding priority projects, TASR learnt on the same day. The loan was earlier given the green… read more

Inflation Slowed Slightly to 1 percent in October

Bratislava, November 12 (TASR) - The prices of goods and services rose by 1 percent year-on-year in October, a figure 0.1 percentage points lower than the one recorded in September, the Statistics Office announced on Friday. Meanwhile, prices remained unchanged month-on-month. The year-on-year rise in prices was mainly due to increases in the prices of alcohol… read more

Cypriot Embassy Opens in Bratislava

Bratislava, November 11 (TASR) - Slovaks will no longer have to travel to Vienna in order to officially communicate with Cyprus after the Mediterranean country opened its Embassy in Bratislava on Thursday. The first Cypriot Ambassador to Slovakia is Marios Kountourides. Listing his priorities, he said he will mostly focus on strengthening the already excellent relations… read more

EIB Offering Slovakia Biggest Loan in Country\'s History

Bratislava, November 11 (TASR) - If approved by Government on Friday, Slovakia will be allowed to draw up to €1.3 billion from the European Investment Bank (EIB) to boost its economy and investment growth, EIB Vice-President Anton Rop told TASR in an interview on Thursday. The loan represents the biggest potential financial injection from EIB in Slovakia's history.… read more

Lipsic Disclaims Reports that Two Bullets Killed Valko

Bratislava, November 11 (TASR) - Interior Minister Daniel Lipsic repudiated information that high-profile lawyer Ernest Valko, who was shot dead on Monday, was killed by two bullets rather than by a single bullet as was announced both by the police and the ministry earlier this week, according to a ministry statement out on Thursday. "No second shot hit Valko's body.… read more

Penta Purchases Majority Stake in Dexia Banka Slovensko

Bratislava, November 11 (TASR) - The Franco-Belgian Dexia bank announced on Thursday that it has reached accord with Slovakia-based investment group Penta concerning the sale of an 88.71-percent stake in its subsidiary Dexia banka Slovensko, TASR learnt later in the day. According to Dexia, the deal forms part of an agreement with the European Commission. The EU's executive… read more

Slovakia and Cyprus Seal Deal on Protection of Classified Information

Bratislava, November 11 (TASR) - Head of Slovakia's National Security Bureau (NBU) Frantisek Blanarik and Cyprus's Foreign Affairs Minister Markos Kyprianou signed an agreement between their two countries in Bratislava on Thursday concerning the protection of confidential information, TASR learnt on the same day. The signing ceremony was also attended by Slovak President… read more

Slovakia\'s Foreign Trade Recorded €63-million Surplus in September

Bratislava, November 11 (TASR) - Slovakia's foreign trade posted a surplus of €63 million in September, €177.6 million less than the surplus recorded in the same month in 2009, the Statistics Office announced on Thursday. Overall exports stood at €4.416 billion, a year-on-year rise of 19 percent. Total imports went up by 25.4 percent to €4.4353 billion. The… read more

Radicova Tells Clinton of \"New, Better and Transparent Slovakia\"

Washington/Bratislava, November 10 (TASR) - Slovak Prime Minister Iveta Radicova held talks with U.S. Secretary of State Hillary Clinton in Washington on Wednesday in what was the first meeting between a Slovak premier and a top representative of the U.S. administration in Washington in four years, the press department of the Government's Office told TASR late on Wednesday.… read more