Slovakia is facing one of its most severe droughts in decades, with meteorologists warning that April was the driest since records began in 1881 and farmers increasingly concerned about major crop losses and possible food price increases later this year. Experts from the Slovak Hydrometeorological Institute say exceptionally low rainfall between December 2025 and April…
Until April 24, S&P Global Ratings was the last of the “Big Three” agencies to maintain Slovakia’s credit rating at A+ with a negative outlook, citing lingering concerns over public finances and external economic headwinds. Now, the agency has joined the other two – Moody’s and Fitch Ratings – and downgraded Slovakia by one notch…
The mood among foreign investors operating in Slovakia has deteriorated markedly. The latest survey by foreign chambers of commerce and industry in Slovakia shows that sentiment has fallen to a level comparable to the start of the pandemic. Expectations for the economy have slumped to almost the same level as in March 2020, while investment…
Slovakia emerged as a key focus in the widening extortion case involving German baby food producer HiPP, after authorities confirmed contaminated jars had been placed directly in a local supermarket. According to investigators, the extortion plot specifically targeted a Tesco store in Dunajska Streda, where two jars of baby food were allegedly tampered with and…
Slovakia’s 150-seat parliament has approved a new law aimed at narrowing the gender pay gap, with 123 of 137 MPs present voting in favour. The bill was approved by the government in December 2025. “This is a law we could have had years ago – I’ve been bringing it to parliament since 2017. In the…
Philanthropy among wealthy individuals in Slovakia is more structured and sustained than previously documented, according to new research mapping charitable giving in the country for the first time. A survey conducted in late 2025 by the Pontis Foundation in cooperation with the Focus examined the behaviour of business figures, including individuals featured in rankings of…
One of the largest China-linked companies operating in Slovakia, Bluefin Century, has filed for bankruptcy, signalling a sudden exit from a market where it had generated tens of millions of euros in annual revenue. The company, which for years ranked among Slovakia’s biggest distributors of IT hardware, asked a court to open insolvency proceedings through…