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Coronavirus crisis sparks fresh minimum wage debate

The coronavirus crisis has sparked new debate about the minimum wage. Unions are pushing for a sizable increase but employers and the opposition have come out against this.
At present the minimum monthly wage... |
| Prag, 29.06.2020 |
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New Office to Supervise Confiscation

A new office coming under the remit of the Justice Ministry could be created to supervise the confiscation of property, said Justice Minister Maria Kolikova (For the People), as she presented a law to that... |
| Bratislava, 26.06.2020 |
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State Secretary Brocková Attends the Government Council of the Slovak Republic for Non-Governmental Non-Profit Organizations

The Council of the Government for Non-Governmental Non-Profit Organizations is a permanent expert, advisory, coordination and consultation body of the Government of the Slovak Republic. Founded in 2012, it... |
| Bratislava, 25.06.2020 |
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EIB supports SMEs in Austria

EU bank provides €100 Millionen for projects in climate protection and innovation
Raiffeisenlandesbank OÖ matches investments with €100 Millionen
Part of the money goes to businesses, where women play a... |
| Vienna, 24.06.2020 |
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FinMin’s Outlook for Slovak Economy Deteriorates; 10% Slump Expected

Slovakia’s economy is predicted to slump by 9.8 percent year-on-year this year due to the coronavirus outbreak, stated the Finance Ministry on Tuesday, thereby lowering its prognosis in April by 2.6 percentage... |
| Bratislava, 23.06.2020 |
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President: I’ll Wait for Results of Relevant Authorities in Govnet Case

When it comes to the Govnet case, I’d prefer to wait for results from the competent authorities, said President Zuzana Caputova at a briefing on Thursday following her meeting with Vice-premier for Investments... |
| Bratislava, 22.06.2020 |
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Bank of Russia cuts rates by 100bp, guides for more cuts

The Bank of Russia aggressively cut the key rate from 5.50% to 4.50% today, and the guidance suggests that there is more to come. Our initial take is that another 50 basis point cut is highly likely this year,... |
| Moscow, 20.06.2020 |
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Bank chief says Europe’s highest inflation rate no cause for concern

The Czech Republic currently has the highest inflation rate in the entire European Union, with foodstuffs among the items that are shooting up in price. However, the governor of the central bank says the... |
| Prag, 19.06.2020 |
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Slovakia Four Places Down in World Competitiveness Yearbook

Slovakia keeps falling in the competitive economy ranking, moving down four places from last year in the latest World Competitiveness Yearbook (WCY) research and now standing in 57th place out of the 63... |
| Bratislava, 18.06.2020 |
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Relief programmes under scrutiny as Czechs worry about COVID-19 economic fallout

A new survey suggests that close to a half of Czechs fear economic fallout from the coronavirus pandemic. Official unemployment numbers remain relatively low, but may in fact be considerably higher, if surveys... |
| Prag, 17.06.2020 |
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