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Slovakia in Austria | Slovaks in Vienna | Bilateral Relations
Austria and Slovakia - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
Last Meeting between Klaus and Gasparovic
The Presidents of the Czech Republic and of Slovakia will have a last meeting tomorrow.
March 5, 2013
Slovakia: Retail Trade Shrinks
The Slovak internal trade sector shows mixed results. Turnover in the wholesale segment was up, retail trade was down.
March 5, 2013
Slovakia: Economy Stagnating
On February 22, the European Commission anounced its modifications concerning the annual prognosis of the eurozone’s economic outlook for 2013. While the majority of the countries are in recession, Slovakia’s economy is forecast to grow by 1.1 %
March 4, 2013
Slovakia: Economic Sentiment Improves Slightly
The results of business survey and economic sentiment indicator in February 2013 were published today.
February 28, 2013
Slovakia: Economic Growth Almost Coming to Still-Stand
Growth estimates are lower than predicted by NBS. Export sales lag behind and the domestic economy is in a recession. Opposing parties blame the new labor regulations.
February 27, 2013
Slovakia: Unemployment Rate Reaches All-time High
Prime Minister Fico blames stagnating economy for highest unemployment rate since 2004.
February 27, 2013
Slovakia Transforms Banks into Branches
The draft amendment to the Banking Act will not affect competition, the National Bank of Slovakia said.
February 27, 2013
EU Commission: Austrian Growth Above EU Average
Unlike the Eurozone, Austria will record a positive growth rate this year. Within the EU, the situation is highly different.
February 22, 2013
CESEE Region Still Has Enormous Growth Potential
“CEE growth drivers intact but innovation is needed to start convergence 2.0” Erste Group says.
February 20, 2013
CESEE: Stress of Competition is Growing
CEE significantly more industrialized than euro area (30% vs. 19%) but still needs to catch up in terms of competitiveness.
February 20, 2013
Economic Growth: Baltic Countries Ahead
Euro area GDP down by 0.6% and EU27 down by 0.5%. The CESEE countries show mixed results. Lithuania, Estonia and Latvia have performed best in 2012.
February 14, 2013
Slovak Economy Is Losing Momentum
Flash estimate of Gross domestic product and Total employment in the fourth quarter of 2012: economic growth and employment are declining.
February 14, 2013
Slovakia: Inflation Grows Slightly
In January 2013, a year-on-year inflation reached a value of 2,4 %, in total, core inflation 2,8 % and net inflation 2 %.
February 13, 2013
Slovakia: Tax Intake to Decrease
Despite the higher income tax rates, the Slovak state revenues are expected to fall by € 360m this year.
February 12, 2013
CESEE: Banking Industry Slightly Optimistic
Unlike their counterparts in Central and Eastern Europe, Czech bankers are relatively satisfied with the performance of the domestic banking market.
February 11, 2013
Erste Group Finances Major Slovak Real Estate Project
Erste Group’s Slovak subsidiary co-refinances City Business Centre in Bratislava with EUR 34.5 million.
February 11, 2013
CESEE Office Market Shows Solid Fundamentals
CESEE office market is undergoing a stable development; rental levels remain largely solid in most of the region, Erste Group says.
February 11, 2013
Slovakia: Declining Turnover in Industrial Sector
Turnover was down in most selected sectors of economy in December 2012. The sharpest decrease was observed in the construction industry.
February 11, 2013
Slovakia: Growing Employment in Most Industrial Sectors
The development of employment and average monthly wage in selected sectors of economy has shown a mixed picture in December 2012.
February 11, 2013
Erdogan Praises Slovakia´s Support for Turkey
Turkey´s Prime Minister Recep Tayyip Erdogan has expressed his gratitude to his Slovak counterpart Robert Fico for Slovekia´s support for Turkey´s EU membership.
February 9, 2013
Slovak Construction Fell Massively
In December 2012, construction output decreased, year-on-year, by 16,5 % to EUR 416,9 million. After seasonal adjustment, it was higher by 0,7 % compared with November 2012.
February 8, 2013
Slovakia: Industrial Production Declining
In December 2012, industrial production index (IPI) decreased after a long-term year-on-year growth (since November 2009).
February 8, 2013
Slovak Foreign Trade Grows
In November 2012, compared with November 2011, the total export of goods increased by 9,2 % to € 5 842,7m and the total import by 5,5 % to € 5 527m.
February 8, 2013
Klaus Recommends to Split Eurozone
According to the outgoing Czech President, the separation of the eurozone would be cheaper than maintaining the currency union.
February 7, 2013
CESEE: Economic Outook Brightens Slightly
According to a survey carried out by OeKB (Austrian Clearing Bank), investors in the CESEE region are more optimistic.
February 6, 2013
Slovak Property Market Recovers
For the first time since 2008, property prices were up in the fourth quarter of 2012.
February 6, 2013
Necas Supports Turkish EU Membership
On the occasion of Prime Minister Erdogan´s visit in Prague, his Czech counterpart Necas assured to support Turkey´s candidacy.
February 6, 2013
Slovakia: Economic Sentiment Improves Slightly
Hard data point to a weakening of activity in the fourth quarter, but an improvement in the assessment of production expectations in industry indicates an improved outlook for 2013.
February 4, 2013
Slovakia: Labor Market Puts Pressure on Household Income
The downturn in employment and weak wage developments are putting downward pressure on sales and indicate that the slump in household final consumption will continue.
February 4, 2013
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