Slovakia Financial News

The European Union summit showed that Ukraine will be facing tougher times to get all the attention and political, economic and military aid that it wants

demography in the coming years. Ukraine gives no official toll of its war dead — the Ukrainian armed forces have reiterated that their war casualty numbers are a state secret – but various estimates say losses are huge. The figures remain classified. But US officials, quoted by the New York Times, recently put the number at 70,000 dead and as many as 120,000 injured.

Oct. 13-19, 2023

Germany’s state-owned railway operator, Deutsche Bahn, says it has agreed to sell its European public transport subsidiary, Arriva, to U.S.-based infrastructure investor I Squared Capital

MEUDON, France (Reuters) — Stellantis (NYSE:STLA) plans to base seven models on a fifth, low-cost platform, an executive for the automaker said on Tuesday, as it prepares to compete against an expected 'flood' of cheap Chinese electric (EV) cars into Europe.

A populist former prime minister of Slovakia who plans to end the country’s military support for Ukraine has signed a coalition agreement with the leaders of two other parties to form a new government

Portugal will take on Slovakia in Euro 2024 Qualifiers on Friday. While Ronaldo has set his eyes in the FIFA World Cup 2026, Euro 2024 will tell whether the former Manchester United and Real Madrid legend will add to more glory to his illustrious footballing career. Portugal will play Slovakia on Friday, October 13. The kick off is scheduled at 2.45 pm (ET). Portugal vs Slovakia Euro 2024 Qualifier will be live streamed on fuboTV for soccer fans in the US. A win against Slovakia on Friday will guarantee qualification and, if Ronaldo is selected, the chance for him to repeat his 2016 triumph with Portugal at the tournament. It wasn't clear what the future held for the five-time Champions League winner when he walked away from Manchester United last November and was then dropped by his country as it made an early exit from the World Cup in Qatar last year. His move to Saudi Arabia wasn't exactly a guarantee of success, but Ronaldo has proven he is far from done. On Friday, Portugal can secure its place at next year's European Championship in Germany. It will be a personal triumph for Ronaldo, who insisted his career wasn't over after leaving European club soccer behind to join Al-Nassr last December. Not only has he been the catalyst for a slew of soccer's biggest names, such as Neymar and Karim Benzema, following him to the Saudi league, but he has helped Portugal to its best-ever performance in a European qualifying campaign with six wins from six matches in Group J.

Climate change threatens the cultivation in Europe of aromatic hops which gives beer its bitterness, according to a study published Tuesday in Nature Communications. European varieties of hops are prized and used by brewers around the world, but rising temperatures and less rain are reducing yields and the concentration of the compounds that provide beer its refreshing tartness. The researchers observed this trend by analysing data from five sites in the Czech Republic, Germany, and Slovakia, which along with Poland are the primary hops growers in Europe, study co-author Miroslav Trnka said. Yields fell between 9.5 and 19.4 percent at four sites and were stable at a fifth when data from 1995-2018 was compared with 1971-1994. Meanwhile the concentration of the bitter compounds, alpha acids, decreased. Extrapolating from the data, the researchers predicted a drop in yield of between four and 18 percent, compared with 1989-2019 while the concentration of alpha acids could drop between 20 and 31 percent as temperatures rise and rainfall is impacted. With droughts expected to increase in central and southern Europe «it will be necessary to expand the area of aroma hops by 20 percent compared to the current production area to compensate for a future decline in» potency and yields, said the study. It called for «urgent adaptation measures to stabilise international market chains» such as moving crops to more suitable areas or irrigating. Hops farmers are trying to adapt, but Trnka said their options are limited as «hops needs a specific combination of climate and soil» and the introduction of genetically modified plants designed to better support warmer temperatures and drought is prohibited in Europe. Brewers can also

MOSCOW (Reuters) — The Kremlin said on Monday it believed a decision by U.S. Congress to pass a stopgap funding bill that omitted aid for Ukraine was a temporary setback for Kyiv, but forecast war fatigue in the West would grow and increasingly split opinion.

By Olena Harmash

en masse from conventional cars to EVs, a huge rise in the cost of gasoline and diesel would be even more powerful than these subsidies. Saudi Arabia and Russia are rational states, not particularly prone to bouts of suicidal anxiety. Why would they constrain production enough to accelerate the dumping of petrofuels for mobility? Four, the Ukraine war, a prime driver of food and fuel inflation, is a war of choice.

Slovakia's Robert Fico, whose SMER-SSD party won a parliamentary election, said on Sunday he would wait for the country's president's mandate for forming a government, estimating coalition talks could last at least two weeks. Fico, who pledged during the campaign to end military aid to Ukraine, also told a news conference Slovakia has bigger problems than Ukraine and would do everything possible to start peace talks, adding his position was unchanged. With nearly all of the nation's voting districts reporting in the Saturday election, Fico's SMER-SSD party scored nearly 23% of the vote, followed by almost 18% for the Progresivne Slovensko (Progressive Slovakia, PS) party.

By Jan Lopatka and David W. Cerny

Slovakia holds an early parliamentary election on Saturday that pits populist former Prime Minister Robert Fico who campaigned on a clear pro-Russia and anti-American message against a liberal pro-West newcomer

(Reuters) — The Slovak opposition SMER-SSD party, led by three-time prime minister Robert Fico, held a narrowing lead over its nearest challenger, the liberal Progresivne Slovensko, before a Sept. 30 election, a Focus agency poll showed on Tuesday.

A top European Union official says the social network X, formerly known as Twitter, is the biggest source of fake news and urged owner Elon Musk to comply with the bloc’s laws aimed at combating disinformation

By Anna Pruchnicka

Ukraine is filing a complaint at the World Trade Organization against Hungary, Poland and Slovakia after they banned grain and other food products coming from the war-torn country

Farmers across Bulgaria protested Monday after the government lifted a ban on food products from Ukraine, complaining that the move will cause an influx that drives down prices for local growers

Compared with July, annual inflation fell in 15 EU member states in August, remained stable in one and rose in 11.

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