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National Bank of Slovakia Adapts GDP Growth Forecast

Published: September 19, 2012; 16:04 · (Vindobona)

According to NBS, the Slovak economic growth is expected to reach 2.7%. This is higher by 0.2 percentage points than NBS forecasted in June.

National Bank of Slovakia Adapts GDP Growth Forecast / Picture: © Flickr

The recovery of global economic activity slowed in the first half of the year due to the protracted resolution of the euro area sovereign debt crisis. The debt crisis continues to fuel uncertainty among investors and consumers. This uncertainty is having a dampening effect on economic growth in Slovakia's main trading partners, which in turn is expected to be reflected in domestic…

This article includes a total of 1056 words.

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