Austria and Slovakia - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
Page 6/10

Slovakia in Austria | Slovaks in Vienna | Bilateral Relations

Hungarian Unemployment High, But Slight Downward Trend

Hungarian Ministry of Economics: “Unemployment up in the EU but trend continues down in Hungary.”

February 2, 2013

Slovakia: Government Warns of Economic Slowdown

This year, Slovakia´s government expects lower growth rates than in 2012. Besides that, the austerity pressure is growing.

February 1, 2013

Slight Upward Trend for CESEE Countries

The economic crisis in the Eurozone has hit the CESEE countries particularly hard, EBRD reports. 2013 will be a better year.

February 1, 2013

Slovakia and Austria to Put more Effort in Coordination for EU Issues

20 years of diplomatic relations between Austria and Slovakia.

February 1, 2013

“Operations of Austrian Banks in CESEE Region Are a Success Story“

Regarding the Austrian banking sector, governor of OeNB (Austrian Central Bank) Ewald Nowotny demonstrates cautious optimism.

January 30, 2013

Economic Sentiment in Slovakia Moves Downwards

Results of business survey and economic sentiment indicator in January 2013.

January 30, 2013

Slovak National Bank Cuts Economic Forecast

In January 2013, Národná banka Slovenska (NBS) revised the NBS Medium-Term Forecast published in December 2012 (MTF-2012Q4).

January 30, 2013

Slovakia: Producer Prices Declining Slightly

Prices in production area in December 2012 down by 0.4%.

January 28, 2013

Slovakia: Foreign Trade Growing Strongly

In 2011, goods in the amount of € 56 783,2m were exported from the Slovak Republic. Compared with 2010, the total export increased by 17,6 %.

January 25, 2013

Slovakia: Public Debt Quota Exceeds 50% of GDP

For the first time since 2000, Slovakia´s public debt level exceeds the 50% threshold.

January 24, 2013

Slovak Unemployment Rate Grows Further

In December, the unemployment quota came at 14.45%. Compared to December 2011, this is an increase by 0.9 percentage points.

January 24, 2013

IMF: Growth in CESEE Region to Accelerate

In the next three years, economic growth rates in central, eastern and southeastern Europe will return to the pre-crisis level, IMF says.

January 23, 2013

Slovakia Continues Austerity Measures

Slovak Minister of Economics Tomas Malatinsky underlines that the country must improve its attractiveness for businesses.

January 22, 2013

Fico: „Privatizations Were Our Biggest Mistake“

Slovakia´s Prime Minister Robert Fico thinks that the austerity policy in Europe is the wrong way.

January 21, 2013

Russian Rosatom May Build Nuclear Power Plant in Bohunice

Because of the completion of the Czech nuclear power plants, the Czech energy company CEZ is expected to withdraw from the construction project.

January 19, 2013

Construction Output: Sharp Decrease in Slovenia and Slovakia

In the Euro area, the production in construction was down by 0.4%.

January 17, 2013

Slovakia Wants to Strengthen Co-Operation with Austria

After a meeting between Slovak Prime Minister Robert Fico and President of Austria´s National Council Barbara Prammer, both emphasized their willingness to realize more common projects in future.

January 14, 2013

Fitch: Austrian Banking Industry Depends on CESEE

According to the U.S. rating agency, the situation of Austrian banks strongly depends on the development in central, east and southeast Europe.

January 14, 2013

Slovakia: Inflation Decreases Slightly

In December 2012, a year-on-year inflation reached a value of 3,2 %, in total, core inflation 3 % and net inflation 2,3 %.

January 14, 2013

Slovak Industrial Production Grows

Industrial production index (IPI) increased by 5,2 % in November 2012, compared with November 2011.

January 12, 2013

Slovakia: Turnover Development Positive

Today, the Slovak Statistical Office has published the turnover figures in selected sectors of economy in November 2012.

January 12, 2013

Slovakia: Wages Growing Moderately

In November 2012, compared with November 2011, the average nominal monthly wage increased in most surveyed sectors.

January 11, 2013

Slovakia: Employment Situation Improves Further

In November 2012, compared with November 2011, the employment increased relatively most in selected market services by 11,2 %.

January 11, 2013

Slovakia: Construction Production Decreases Sharply

In November 2012, construction output decreased, year-on-year, by 13,4 % to EUR 479 million. After seasonal adjustment, it was lower by 0,4 % compared with October 2012.

January 11, 2013

Moody´s: Slovak Austerity Plans Not Realistic

According to the U.S. rating agency, the deficit reduction plan may be too ambitious.

January 10, 2013

Slovakia Record Substantial Foreign Trade Growth

In the first eleven months of 2012, exports increased by 11%. Imports were up by 6.4%.

January 9, 2013

Poverty: Romanian and Bulgarian Citizens Most Endangered

Regarding the poverty rate, Bulgaria, Romania, Spain, Greece and Lithuania are significantly above the EU average.

January 9, 2013

Slovakia: Turnover in Internal Trade Decreases

The Development in November 2012 compared with October 2012 was negative. In the first eleven months, the turnover figures showed moderate growth rates on average.

January 8, 2013

CESEE: Construction Industry Shrinks Further

The European research institute Euroconstruct expects a negative development for the construction industry in the CESEE region.

January 5, 2013

Slovakia: Gasparovic Demonstrates Optimism

On the occasion of his traditional New Year´s speech, Slovakia´s President Ivan Gasparovic underlines that the country is able to manage the crisis.

January 3, 2013

Automotive Industry in CESEE Region Booms

According to an analysis issued by Austrian Erste Group, every fourth car produced in the EU in 2013 will be "Made in CEE".

December 28, 2012

Slovakia: Economic Outlook Worsens

The results of business survey and economic sentiment indicator for Slovakia were negative in December 2012.

December 27, 2012

Bank Taxes: RZB Records Costs of € 168m

For Austrian RZB (Raiffeisen Zentralbank), bank taxes in Austria, Hungary and Slovakia come at € 168m. RZB will not leave Hungary, CEO Rothensteiner says.

December 20, 2012

Slovakia: Budget Deficit Comes at 4.6%

This year, the Slovak budget deficit is expected to be significantly beyond the Maastricht criteria.

December 20, 2012

CESEE Asset Quality: “Not out of the woods”

In terms of asset quality the banking sector trends in CEE remain a mixed bag, Raiffeisen Research says.

December 20, 2012

Decreasing Production Output in Slovenia and Slovakia

October 2012 compared with September 2012: Euro area production in construction down by 1.6%.

December 19, 2012

Poland and Hungary to Cut Interest Rates Further

Unlike the Czech Republic, Poland and Hungary still have some downward potential. The inflation rate is still below the base rate.

December 19, 2012

Slovakia´s Economy Performs Well

In the third quarter of 2012, Slovakia's GDP at constant prices increased quarter-on-quarter by 0.6% (seasonally adjusted) and in year-on-year terms by 2.1% (seasonally unadjusted), according to SO SR data.

December 19, 2012

Lithuania and Slovakia Record Biggest Increase in Industrial Production

From October 2011 to October 2012, Industrial production down by 1.4% in euro area.

December 12, 2012

Gasparovic Meets Klaus

The Slovak President Ivan Gasparovic was officially received by his Czech counterpart Vaclav Klaus.

December 11, 2012

Slovakia: Industrial Sector Grows

Today, the Slovak Statistical Office published data on turnover in selected sectors of economy in October 2012. In most industries, turnover is increasing.

December 11, 2012

Slovakia: Real Wages Decline in Selected Industries

Today, the Slovak Statistical Office published data on employment and average monthly wage in selected sectors of economy in October 2012.

December 11, 2012

Slovak Growth Flattens

NBS published the Medium-Term Forecast (MTF-2012Q4). Next year, Slovakia´s economic growth comes at 1.6%, NBS says.

December 10, 2012

Slovak Industrial Production Grows Significantly

Industrial production index (IPI) increased by 8,1 % in October 2012, compared with October 2011. The development was affected by a rise in manufacturing by 8,7 %.

December 10, 2012

Slovak Construction Shows Strong Growth

In October, construction output decreased, year-on-year, by 11 % to EUR 484 million. After seasonal adjustment, it increased by 1 % compared with September 2012.

December 10, 2012

Fiscal Policy: OECD Warns Slovakia

OECD´s Secretary General Angel Gurria calls Slovakia to improve its fiscal efficiency. The tax collection must be professionalized, he says.

December 8, 2012

Slovakia: Strong Increase in Foreign Trade

In September 2012, compared with the corresponding period last year, the total export of goods increased by 9,6 % to EUR 5 616,6 million and the total import by 7,7 % to EUR 5 277,3 million.

December 7, 2012

Slovakia: Tax Revenues Declining

This year, the Slovak government will record a decrease in tax intake by € 230m. Despite higher tax rates, the trend will continue in the next three years.

December 6, 2012

Slovakia: Unemployment Grows

In the third quarter of 2012, the Slovak unemployment quota was up by 0.5 percentage points to 13.7%. At the same time, employment is growing substantially.

December 6, 2012

Slovak Real Wages Declining

Average monthly wage of employee were up by 1.6% in the 3rd quarter of 2012. The Slovak inflation rate comes at 3.7%. As a result, real wages are shrinking.

December 6, 2012