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“Ukraine has accomplished more progress in the past three years than over the previous twenty years”

The Slovak Republic continues supporting the independence, sovereignty and territorial integrity of Ukraine. We see no other way out from the crisis in the south-east of the state than a political process...
Kyev, 12.04.2017 more...
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Moody’s Investor service upgrades outlook on Slovakia’s sovereign rating to positive

Slovak Finance Ministry understands this as a praise from the rating agency. On April 7, Moody’s Investors Service changed the outlook on Slovakia’s rating from stable to positive and affirmed the A2 issuer...
Bratislava, 11.04.2017 more...
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Weak crown ends with strong Czech currency seen on the horizon

The Czech crown is no longer subject to the central bank’s low crown regime, or specifically the currency interventions that kept it at or below 27 crowns to the euro. But that does not mean a complete ‘hands...
Prag, 10.04.2017 more...
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National Bank announces end of currency interventions to maintain low crown regime

The Czech National Bank has ended the regime of foreign currency interventions to keep the crown low against the euro. The bank’s spokesman Marek Zeman announced the move after an extraordinary meeting of the...
Prag, 07.04.2017 more...
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Slovnaft to invest millions of euros into overhaul

The Bratislava-based oil refinery plans an investment, citing a general overhaul of production technologies as the main goal. The investment by Slovnaft will amount to €57 million, of which approximately €33...
Bratislava, 06.04.2017 more...
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Slovaks can now use new €50 banknotes

The older series of banknotes will still remain in circulation. A new banknote with the value of €50 was officially put into circulation in Slovakia and the whole eurozone on April 4. It is already the...
Bratislava, 05.04.2017 more...
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Czech central bank seen curbing volatility when low crown regime ends

The Czech crown has just witnessed a taster of what the central bank, government, and business do not want to see – some uncharacteristic volatility - following the national bank’s decision not to declare an...
Prag, 04.04.2017 more...
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UniCredit considers selling Czech and Slovak divisions

The bank has not yet confirmed the rumours. Italian financial group UniCredit has launched negotiations on selling its Czech and Slovak divisions. In case of successful transaction, UniCredit would gain more...
Bratislava, 03.04.2017 more...
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Foreign investors most upbeat about economy in eight years

Foreign investors have positive perceptions of the economic situation in Slovakia, so much so that their evaluation is actually the most optimistic it has been in eight years, a survey among European investors...
Bratislava, 31.03.2017 more...
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Slovakia to open labour market to foreigners

The current rules for employing non-EU nationals will change in April. The number of foreigners coming from countries outside the European Union who have obtained working permission in Slovakia exceeded 4,000...
Bratislava, 30.03.2017 more...
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