Expats

The Euro and Cars Put Slovakia on the Map [Sep 26, 2011] Slovakia is now, together with the Czech Republic, considered a relative safe haven, more so than many other countries, both in Central and Eastern Europe and in the euro zone. [via YahooNews] More >>

Resenting Greece - Slovakia Threatens Euro Rescue Package [Sep 21, 2011] Having suffered painful, self-imposed economic reforms, Slovakia doesn't see why it should help bail out euro-zone partners like Greece. Prime Minister Iveta Radicova is trying to talk her country into solidarity, but has become increasingly isolated in her position. [via YahooNews] More >>

Slovakia's EFSF vote not before December: coalition party head [Sep 04, 2011] BRATISLAVA (Reuters) - The Slovak parliament will vote on strengthening the euro zone joint rescue fund in December at the earliest, the head of junior government party said on Sunday, prolonging uncertainty over when the new powers could take effect. [via YahooNews] More >>

Czechs, Slovaks rewarded for fiscal prudence [Aug 25, 2011] -- Economists see S&P's upgrades of Czech, Slovaks as shift to fiscal prudence bias -- Latvia and Lithuania may get upgraded next owing to solid finances -- Market impact of upgrade stronger on Czech assets than in Slovakia which is a euro-zone member -- Support for euro-koruna seen at 24.10, any firming close to 23. [via YahooNews] More >>

Slovak State Leader: Debt Rescue Turns European Union into Soviet Union [Aug 10, 2011] The assumption of sovereign debt of financially weaker euro zone countries is turning the European Union into "a Soviet Union," according to Slovakia's Parliament Speaker Richard Sulik. Sulik has criticized the EU/euro zone measures to counter the sovereign debt crises of the southern EU member states and Ireland, saying they are turning the political alliance into a "debt union." ... [via YahooNews] More >>

Slovak party threatens to derail EU bailout deal [Aug 08, 2011] BRATISLAVA (Reuters) - Slovakia should reject any changes to the euro zone's rescue fund, parliamentary speaker Richard Sulik, who also heads a junior government party, said on Monday, raising a potential threat to plans to tackle the bloc's sovereign debt crisis. [via YahooNews] More >>

Slovak PM says Greece is 'de facto' bankrupt [Jun 26, 2011] BRATISLAVA (Reuters) - Greece, struggling to escape a financial collapse, is de facto bankrupt and the euro zone was seeking ways how to minimise impacts and contagion on other members, Slovak Prime Minister Iveta Radicova said on Saturday. [via YahooNews] More >>

Slovak PM backs European Stability Mechanism [May 10, 2011] LONDON (MarketWatch) -- Slovakia's Prime Minister Iveta Radicova said Tuesday that she supports the European Stability Mechanism, the permanent rescue mechanism of the euro zone, and that Slovakia is a "responsible" member state. "Yes, we need a stable euro zone," Radicova said in response to a question after her talk at the London School of Economics and Political Science. "If there is no ... [via YahooNews] More >>

Slovak premier backs European Stability Mechanism [May 10, 2011] Slovakia?s prime minister, Iveta Radicova, says she supports the European Stability Mechanism, the permanent rescue mechanism of the euro zone, and that Slovakia is a ?responsible? member state. [via YahooNews] More >>

Volkswagen to invest $1.7b in Slovakia [Feb 10, 2011] BRATISLAVA - GERMAN car group Volkswagen plans to invest 1 billion euros (S$1.7 billion) in Slovakia in the coming five years to boost car and car parts production, the company's Slovak unit said on Thursday. Volkswagen, one of the biggest investors and exporters in Slovakia, has invested more than 1.7 billion euros in the euro zone country over the past 20 years. [via YahooNews] More >>