Slovakia

Chinese investor buys licence for Slovakia’s flying car project

bne IntelliNews March 27, 2024

Licence fee to fund production plans in Slovakia for sports car that transforms into light aircraft at the click of a button.

COMMENT: Overheating in Russia and Turkey, but CEE recovering

Ben Aris in Berlin March 27, 2024

The economies of Central and Eastern Europe (CEE), which experienced a period of stagnation last year, are poised for a modest revival in 2024, but both the Russian and Turkish economies are already overheating.

Former foreign minister Ivan Korcok wins first round of Slovak presidential race

Albin Sybera March 24, 2024

Parliamentary Speaker Peter Pellegrini remains favourite in the run-off.

Slovaks head to the presidential polls amid fears of state capture

Albin Sybera March 22, 2024

Peter Pellegrini is expected to collect votes from nationalist candidates in the run-off in two weeks time, giving him a crucial advantage over Ivan Korcok.

Penta mulls sale of Fortuna gambling chain

Albin Sybera March 22, 2024

Central Europe's largest betting company reportedly valued at up to €2bn.

Slovak presidential candidates clash over Ukraine ahead of weekend vote

Albin Sybera March 20, 2024

Pellegrini calls for peace talks, while Korcok says "the peace you talk about is capitulation".

A surprise EU proposal to expand agricultural ”emergency brake” import restrictions will cost Ukraine €1.7bn

Ben Aris in Berlin March 19, 2024

EU countries have overnight agreed to impose new restrictions on Ukrainian agricultural imports that will cost the cash strapped country €1.7bn and hurt its ability to fight the war against Russia.

KYIV BLOG: EU finalises €5bn Ukraine Peace Fund contribution that will see little new money sent to Kyiv

bne IntelliNews March 18, 2024

EU ambassadors agreed to back a new €5bn Ukraine Assistance Fund on March 13, part of the EU's off-budget European Peace Facility (EPF) that is used to partially reimburse member countries for the weapons they provide to Ukraine.

Europe has €56bn shortfall to meet Nato 2% of GDP spending pledge

bne IntelliNews March 18, 2024

European nations within Nato are facing a €56bn shortfall in meeting the alliance's defence spending pledge of 2% of GDP this year, the Financial Times reported on March 16.

Slovak inflation eases to 3.4% in February

Albin Sybera March 18, 2024

It is the lowest inflation level in over two years and was down by 0.5 percentage points on the January level.

Opposition attacks Slovak government plan to reconstruct public broadcasters

Albin Sybera March 13, 2024

A new Slovak television and radio broadcaster is to be set up in place of RTVS, with a board appointed partly by the government and partly by parliament.

Ukraine becomes world's 4th largest arms importer, European imports soar

bne IntelliNews March 12, 2024

European arms imports were up by 94% in 2019-23, as Ukraine's allies send military aid while also arming themselves, says new SIPRI report.

Record Czech poll support for ANO as its leader adopts Kremlin-appeasing narrative

Albin Sybera March 12, 2024

Leaked emails reveals how former premier wanted to target foreign minister's family.

Slovak industrial production grew by 3.6% y/y in January

Albin Sybera March 11, 2024

The strongest negative influence came from a 6.2% decrease in the country’s decisive sector, the manufacture of transport equipment.

Closing gender gap in workforce could double global growth rate says World Bank

Clare Nuttall in Glasgow March 8, 2024

Countries in Central and Eastern Europe and Eurasia have a lower gender gap than the global average but only Latvian women have equal legal standing with men.

Central Europe's top security conference moves to Prague amid pressure from Slovak cabinet

Albin Sybera March 6, 2024

Robert Fico's government is targeting Slovakia's strong roster of think-tanks, which he argues is part of the opposition campaign against him.

Hungarian government paid for regional online advertisement push in support of political allies

Albin Sybera March 5, 2024

Hungary’s advertisement campaign featured the headline “Hungary protects the EU from illegal migration”.

Slovak TV Markiza said to be scaling down politics in news

Albin Sybera March 4, 2024

The reported editorial changes allegedly follow pressure from the new left-right government of Robert Fico, who has labelled the station an "enemy media".

Slovak foreign minister slammed by opposition and president for meeting Russia's Lavrov

Albin Sybera March 3, 2024

Prime Minister Robert Fico praised the meeting as an example of a “balanced and sovereign Slovak foreign policy”.

Slovak Constitutional Court suspends part of Fico’s judicial overhaul

Albin Sybera February 29, 2024

Court rushes to suspend several key paragraphs in the government's controversial legislative reform

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