Increasing taxes brought a slight decline in deficit
Despite the ongoing consolidation of public finances, the results of the current government are very bland. This is confirmed by the data of the European Statistical Office (Eurostat), according to which the public finance deficit of Slovakia in 2024 increased by one tenth of the percentage point and reached 5.3 percent of the gross domestic […]
The government blocks more rapidly cheaper mortgages
At the end of April, financial houses again fought for new clients by slightly cheaper mortgages. A few tenths of the percentage point dropped at UniCredit Bank, Poštová banka and VUB Bank. The best market offers are currently around 3.5 percent. The change of offers of two smaller and one larger bank shows that on […]
Without a strategy is not the state, only the functioning office
The Slovak government does not mean ahead. Only survives – from one print briefing to another. It does not look for solutions, but patches. And the greater the problem, the more pompous the statement comes. In fact, however, it looks at how the state decomposes. Hospitals are drowning in debt, education stagnating and sewerage? In […]
The fear of higher VAT was moving at the end of the year’s purchases
The Slovak economy increased by 1.7 percent of GDP in the last quarter of last year. Compared to the previous quarter, GDP increased by 0.5 percent. In both cases, this is a slightly better result than the average for the European Union and the euro area. At the same time he goes o Comparing 26 […]
Slovakia is pushing markets for consolidation for 2.4 billion. €
Slovakia is waiting for hard consolidation next year. The latest estimates say the amount of 2.3 to 2.4 billion euros. It is a huge package of money. The government is mainly pushed by financial markets for increasingly lower deficits. The European Central Bank constantly reduces basic interest rates. Last time in early March, the deposit […]
Consolidation should be up to 2.4 billion euros
Slovakia will have to consolidate public finances up to EUR 2.3-2.4 billion next year, originally it was supposed to be EUR 600 to 800 million. An audit of the necessary number of official and public administration officials, as well as addressed energy or investment, is the audit of the necessary number of the necessary number […]
Consolidation next year will be approaching 2 billion. euros
The necessary consolidation for next year will be close to the amount of two billion euros. In the discussion session of the quarter of Saturday dialogues, this was announced by the Minister of Finance Ladislav Kamenický (Smer-SD), saying that he will announce the specific number soon. It prefers savings on the expenditure side of the […]
Tightening belts worked. Greeks make progress, pensions have higher than Slovaks
“We are on the trajectory of the constant improvement of the Greek economy,” Kyriakos Mitsotakis, who has been the prime minister since July 2019, has recently praised in the Greek Parliament, and has been led by a new democracy liberal-conservative party. He emphasized that while in many European countries they are raising taxes, they are […]
Up to 70 percent of municipalities increase taxes and charges
Large cities as well as small villages throughout Slovakia are gradually increasing local taxes and fees. The reason is the unfavorable financial situation, which has signed a loss of share taxes, a consolidation package and, last but not least, the growth of the minimum wage. Is the kindergartens? Since January this year, the state has […]
A Slovak will pay taxes in Slovakia and will not receive a bonus
Slovak laws contain several unclear paragraphs. Sometimes they are caused by the rapid adoption of changes without carrying out impact studies. Other times, the reason is the effort to save on state spending, and rather ordinary mistakes of legislators. The result is a system that affects many citizens unfairly. This year, for example, truck drivers […]