Cautious Optimism in Slovakia

Other Countries ♦ Published: August 2, 2013; 16:38 ♦ (Vindobona)

The economic outlook for Slovakia brightens slightly. The export-oriented country benefits from the stabilization in the Eurozone.

Cautious Optimism in Slovakia / Picture: © Vindobona.org

Forward-looking indicators in the euro area are sending broadly positive signals about economic developments in Slovakia‘s most significant trading partners. July‘s PMI indices for the euro area, Germany and also France indicate substantial improvement. The euro area PMI points to economic stabilisation, while the PMI for Germany is consistent with economic growth.…