Concerns about the higher VAT rate helped economic growth
At the end of last year, the Slovak economy increased by 0.5 percent of GDP. In a year -on -year comparison, economic performance increased by 1.7 percent of GDP. Both numbers are above the European Union and the euro area. This is a rapid estimate of economic development from the European Statistical Office (Eurostat). Better […]
Tatras are in winter on the border of accommodation capacity
Last year, 2.17 million foreigners and 3.75 million Slovaks spent a holiday in Slovakia. This is the second best result in the history of the independent republic. Nevertheless, the attendance is still lagging behind the record year 2019, when up to 6.43 million tourists were staying in home accommodation facilities. The main reason is the […]
We want more and more esúčky. Slovakia is waiting for a decline
The automotive market in Europe is undergoing significant changes. The main driver of its growth last year 2024, however, segment of cheap models, but medium SUVs. These vehicles have been popular with the whole market and is expected that consumers will prefer them this year over traditional hatchbacks. However, the Slovak market has its specifics […]