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Unemployment Rate Down to 4.92 percent in November 2019

The unemployment rate in Slovakia stood at 4.92 percent in November, down by 0.02 percentage points (p.p.) from October, Labour, Social Affairs and the Family Centre (UPSVR) general director Marian Valentovic...
Bratislava, 30.12.2019 more...
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Return to positive interest rates in 2020 unlikely

European Central Bank policymaker Robert Holzmann said the bank was unlikely to be in a position to lift interest rates back into positive territory in 2020, with Brexit likely to be a renewed source of...
Vienna, 28.12.2019 more...
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Growth in Slovak Economy Should Slow to 2.3 percent This Year

Growth in the Slovak economy should slow to 2.3 percent this year and reach 2.2 percent next year, according to the Slovak central bank’s (NBS) latest mid-term prediction for the final quarter of this year...
Bratislava, 27.12.2019 more...
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Fish was a must on Christmas Eve in Bratislava

A Pressburger speciality was wärmlich – alcoholic drink served with waffles. Pressburg, today’s Bratislava, has always been a business centre with an abundance of precious ingredients like cocoa, coffee,...
Bratislava, 26.12.2019 more...
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Slovakia’s economy has become more complex

Slovakia ranks as the 15th most complex country in the Economic Complexity Index (ECI) ranking based on 2017 data. Compared to a decade prior, its economy has become more complex, improving by one position in...
Bratislava, 21.12.2019 more...
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RTVS to Get €16 mn in Compensation for Lost Income from Licence Fees

Public-service Radio and Television Slovakia (RTVS) will receive an extra €16 million from the state budget as partial compensation for the shortfall in incomes caused by social measures entailing licence-fee...
Bratislava, 20.12.2019 more...
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Czech National Bank decides to keep interest rate at 2 percent

The Czech National will keep the current set interest rate at 2 percent. The news came following a Bank Board meeting on Wednesday, where only two out of the seven members voted for an increase. Analysts...
Prag, 18.12.2019 more...
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Inflation grew in November due to foodstuffs and fuels

The price increase accelerated in November.The year-on-year inflation rate amounted to 3 percent in total, up from October’s 2.7 percent. Core inflation reached 2.7 percent and net inflation 1.9 percent, the...
Bratislava, 17.12.2019 more...
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Helpful Social-Economic Measures Adopted Thanks to Us

Measures that have helped people have been taken in the social-economic field in Slovakia, claimed the co-governing Most-Hid party on Tuesday, stating that it’s managed to push through ten measures in this...
Bratislava, 16.12.2019 more...
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Finance Ministry Proposes Public Spending Limit of €39.326 bn for 2020

The public spending limit for next year should be €39.326 billion, which corresponds to a structural deficit accounting for 0.5 percent of GDP, according to a proposal to launch a correction mechanism prepared...
Bratislava, 13.12.2019 more...
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