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Slovakia: Economic Forecasts Improves
The economic perspective for Slovakia remains rather gloomy. In 2014, Slovakia´s economy will reach the turnaround.
Slovakia: Economic Forecasts Improves / Picture: © Vindobona.org
According to the Slovak Ministry of Finance, the economic growth rate will come at 0.8% this year. In the prior forecast, the Ministry of Finance projected a growth rate of 0.5%. The main reasons for the slight improvement are the growth in household consumption and exports to EU countries. Like other smaller and open countries in Central and Eastern Europe, Slovakia´s main growth…
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