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Euro inflation is near peak

Inflation in the euro area will hover around its current level over the next few months before starting to decline at some point during the first half of 2023, European Central Bank Vice President Luis de...
Milano, 25.11.2022 more...
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Slovakia country profile

Right at the heart of Europe with a history closely intertwined with its neighbours, Slovakia has managed to preserve its own language and distinct culture. It was part of Czechoslovakia until the "velvet...
Bratislava, 24.11.2022 more...
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“Middle income bracket” will be worst affected by real wage decline

This year will see real wage decline in Czechia reach 8.3 percent, the largest such drop within the Visegrad Group (Czechia, Hungary, Poland, Slovakia), according to an analysis conducted by investment firm...
Prag, 23.11.2022 more...
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Unemployment in October below 6% for first time since pandemic

The registered unemployment rate in Slovakia amounted to 5.9% in October 2022, falling below the level of 6% for the first time in two and a half years. The unemployment rate decreased by 0.16 percentage...
Bratislava, 22.11.2022 more...
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European Commission

If Slovakia fails to include spending limits in its draft state budget for next year, it could face both financial and reputational consequences, said Ingrid Ludviková from the press department of the...
Bratislava, 21.11.2022 more...
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Y-o-Y inflation up to 14.9 percent in October 2022

Year-on-year inflation in Slovakia reached 14.9 percent in October 2022, the highest figure seen since the beginning of the millennium, the Statistics Office reported on Monday. Meanwhile, consumer prices of...
Bratislava, 18.11.2022 more...
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33 years ago, the Velvet Revolution began, it is commemorated as a national holiday

The fall of the communist totalitarian regime in Czechoslovakia triggered a brutal police crackdown on a permitted student demonstration in Prague. The demonstration and police crackdown on November 17, 1989...
Bratislava, 17.11.2022 more...
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Real wages in Czechia see biggest drop in EU

Real wages in Czechia will fall by 8.3 % this year due to two-digit inflation. It will be the biggest drop among the Visegrad Four countries (the Czech Republic, Slovakia, Poland and Hungary) and a steeper...
Prag, 16.11.2022 more...
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Czech mortgage rates highest in 20 years

The average interest rate on newly granted mortgages in Czechia was 5.86 percent in October, up slightly from the 5.83 percent seen the previous month. These rates are the highest recorded in 20 years. The...
Prag, 15.11.2022 more...
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Financial Administration reacts to exporting goods

No sanctions-related violation of rules of export of goods to Russia has been found, Premier Eduard Heger said following the Security Council session on Wednesday. He added that the Financial Administration...
Bratislava, 14.11.2022 more...
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