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Auto parts supplier Matador joins battery production project

The project should bring in investments of €100 million and hundreds of jobs. Matador, the premium Slovak supplier of the automotive industry, is joining a local battery production project . The company...
Bratislava, 24.09.2019 more...
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ECB’s Draghi Thinks Euro Area Economy Might Slow Further, EURUSD

ECB President Draghi is talking before the EU Committee on economic and monetary affairs of the European Parliament, and his comments are somewhat dovish in comparison to statements made at the latest ECB rate...
Frankfurt, 23.09.2019 more...
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Russia boosts gas supplies to Europe while transit deal with Ukraine in limbo

Russian energy major Gazprom plans to pump twice as much gas into European storage than last year, while Moscow and Kiev have not still agreed on the terms of a new transit contract. Gazprom is planning to...
Moscow, 21.09.2019 more...
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Recent tax changes will increase

Small companies and self-proprietors should pay less on taxes as of next year. This stems from the amendment to the law on income taxes, drafted by the Slovak National Party (SNS), that reduces the income...
Bratislava, 20.09.2019 more...
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The Fed just lowered interest rates

Good news for borrowers: The Federal Reserve lowered interest rates for the second time this year on Wednesday afternoon. Policymakers at the U.S. central bank cut the benchmark federal funds rate by 25...
Washington, 18.09.2019 more...
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Delegation of the European Union to the

Federica Mogherini, High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, met today in Brussels with Bujar Osmani, Deputy Prime Minister in charge of European...
Skpoje, 17.09.2019 more...
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Development of core and net inflation in August 2019

In August 2019, year-on-year inflation rate reached 2,8 % in total. Core inflation reached 2,4 % and net inflation 1,6 %. In August 2019 compared with July 2019, core inflation affected the total inflation...
Bratislava, 16.09.2019 more...
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France, Germany rejects the cryptomens

Facebook announced big plans to revolutionize payments in Europe by introducing a virtual currency. However, the EU finance ministers see the pound as a risk to monetary stability. Together, France and...
Paris, 14.09.2019 more...
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PSA showcased its new electric Peugeot 208 in Trnava

Government talks centre around possible tax relief for the carmaker. The Trnava-based car maker, Groupe PSA Slovakia, promised in February of this year it would manufacture its first electric car in Slovakia...
Trnava, 12.09.2019 more...
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Regional and Economic Diplomacy Summit in Warsaw

The Regional and Economic Diplomacy Summit 2019 in Warsaw, from 9-10 September, offers an excellent forum for the exchange of experiences of political and business leaders, regional officials, entrepreneurs...
Bratislava, 11.09.2019 more...
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