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Chart of the Day: Consolidation and Tariffs Are Choking the Economy. Slovak Economic Growth Has Approached Zero
Summary by Denník N
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2 Articles
The growth of the Slovak economy is well below one percent. The sources of growth are short-term, the inhibiting factors are more permanent. The Slovak economy is growing at its slowest pace in two and a half years. This is due to several rounds of public finance consolidation and the dramatic deterioration of trade relations between the EU and the US. The new consolidation package that the government is preparing will be the third in a row and …
Domestic consumption supported the economy in the second quarter
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