The cost of living in Slovakia ranks among the highest in Eastern Europe. Data from the Numbeo portal, which analyses prices in thousands of cities worldwide, show that Bratislava has become the second most expensive city in the region. In the cost of living index excluding rent, only Prague scores higher. The latest ranking challenges…
Construction of the so-called new Istropolis at Trnavske myto in Bratislava’s Nove Mesto district has begun. On January 28, the developer Immocap launched construction works on the first three buildings: two office buildings and one residential building. The new development is being built on the site of the former Istropolis congress centre, which was demolished…
Slovakia will relaunch its retail government bond programme in March, offering two new bond issues to individual investors with lower yields than last year, the Finance Ministry has said. The state plans to sell up to EUR 400 million worth of bonds, with the option to increase the total to EUR 500 million if demand…
Slovakia’s economy slowed in 2025, making it harder to reduce the fiscal deficit and stabilise public debt, the International Monetary Fund (IMF) said after completing its annual review of the country. An IMF mission led by Magnus Saxegaard held talks with Slovak authorities from January 14 to 27. In its concluding statement, the Fund said…
Foreign workers are becoming an established part of Slovakia’s economy. More than 135,000 foreigners are now employed across the country, accounting for almost 7% of the total workforce. That share is increasing, particularly in industry, logistics and services, while more foreigners are also appearing in high-skilled professions. According to Grafton Recruitment and Gi Group, the…
Slovakia has a real chance to rank among the leaders in the deployment of small modular reactors (SMRs). The country has suitable sites, expertise and infrastructure to do so. This has been confirmed by a comprehensive feasibility study presented by the dominant electricity generator, Slovenske Elektrarne (SE). “Small modular reactors represent a strategic opportunity for…
After a slower-than-expected 2025, the Slovak economy enters 2026 facing significant cyclical headwinds. Exports will suffer due to high sensitivity to global trade, which continues to weaken under higher tariffs. Domestic consumption and private investment will also be constrained by fiscal consolidation. The baseline scenario therefore points to modest positive growth of around 1% in…