Slovakia
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Slovak unemployment at historic low in October
Slovakia registered the lowest unemployment level of 5.88% for October since the splitting of Czechoslovakia in January 1993. The October figures also registered the lowest number of job applicants – 163,841 – since 1993.
Czechia has sent military materiel worth €300mn to Ukraine since Russia’s 2022 invasion
But government faces criticism for not doing enough to cut the amount of Russian energy imports since the invasion.
Central European countries least likely in the EU to prioritise climate change
Stark contrast with Southern Europe, where around half of respondents from Bulgaria, Romania and other countries fear they will have to relocate to escape climate crisis, EIB survey shows.
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Slovak inflation accelerates to 3.1% y/y in October
The consumer price index (inflation) in Slovakia rose by 3.1% year on year and by 0.7% month on month. It is the third highest y/y growth this year and the highest m/m growth together with January development.
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Former Slovak president Kiska stripped of state pension
Presidential Office stops paying Kiska’s pension following court ruling over the costs of his 2014 presidential campaign when he beat Prime Minister Robert Fico.
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Slovak economy maintains growth of 1.2% y/y in 3Q
Slovakia’s gross domestic product at constant prices increased by 1.2% year on year in the third quarter of this year, confirming a continued slowdown after GDP grew by 3.3% in Q1 and 2% in Q2.
Slovak gas distributor SPP concludes pilot deal with Azerbaijan's SOCAR
SPP is looking at options to replace Russian gas brought by pipeline across Ukraine.
PPF mulling bid for United Group's telecom assets in Southeastern Europe
United Group’s telecoms assets in southeastern Europe have been put up for a potential sale.
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Slovak industry grew by 2.5% y/y in September
The key sector of the manufacture of transport equipment registered a significant growth of 11.3% y/y in the second highest performance of the year.
IMF: How to awaken Europe's private sector and boost economic growth
In the European Union, income per person, one of the main gauges of living standards, is on average one-third less than in the United States, mostly because of lower productivity—as emphasised by Mario Draghi’s Sept. 9 competitiveness report.
COMMENT: Political, economic and security headaches Trump Europe’s mounting problems
The re-election of Donald Trump as US President could become a major headache for Europe that is already struggling to keep its head above recessionary water.
EU leaders gauge impact of Trump’s return at Budapest ECP summit
French President Emmanuel Macron urged Europe to embrace "strategic autonomy" in the wake of Trump's victory, advocating for a Europe less reliant on American military protection.
Erdogan urges full inclusion of Turkey in EU defence efforts
With second largest land forces in Nato, Ankara may have an ace in efforts to join European bloc if Trump takes US on isolationist path.
VISEGRAD BLOG: Central Europe's populists clamour to applaud Trump's victory
Hungarian Prime Minister Viktor Orban is set to parade his support for Trump at the European Political Community meeting in Budapest on November 7-8.
MOSCOW BLOG: The EU loses its appeal
One of the salient points is that would-be members have never been interested in the “values” part of the deal and see the need to adhere to them simply as an annoyance that has to be tolerated if you want access to the transformation grants.
MOSCOW BLOG: The EU loses its appeal
After the collapse of the Soviet Union the only thing almost all the former republics and vassal states wanted to do was join the European Union. It was a no brainer. Not any more. A growing number of countries have cooled on joining the EU.
Xi Jinping announces strategic partnership between China and Slovakia
The agreement represents another success in Beijing's strategy of building support among CEE member states of the European Union.
Fico calls for security guarantees for Russia on Kremlin propaganda channel
Slovak premier reiterated that he would like to come to Moscow to take part in the celebrations of the anniversary of the end of World War II in May.
INTERVIEW: Draghi report recommendations could lift eastern EU members’ economies, says EBRD chief economist
Central and Eastern Europe have achieved spectacular growth over the last 30 years, but those sources of growth have been depleted, Beata Javorcik told bne IntelliNews.
Czech Airlines dispatches its last flight, ending 101 years of company history
Czech Airlines is now incorporated into local operator Smartwings.