Keyword: Slovakia

Baltic Team

IEŚ Commentaries 941
- Baltic Team

Public Finance Sector Stability in Central European Countries (Part 3)

The Spring 2023 economic forecasts published by the European Commission indicate that, despite a gradual improvement in the stability of the public finance sector, many Central European countries will continue to experience budget deficits exceeding 3% of GDP. The largest budget deficits will be observed in Slovakia and Poland. Despite these challenges, both economies will...

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Visegrad Team

IEŚ Commentaries 717
- Visegrad Team

Slovakia: an unstable public support for Ukraine and the West

Survey research from July 2022. “How are you Slovakia?”, conducted by researchers from the research agencies MNFORCE, Seesame and the Slovak Academy of Sciences, shows that the majority of Slovaks support a victory for Russia rather than Ukraine in the current Russian-Ukrainian conflict. At the same time, an earlier survey, conducted by the think tank Globsec, shows...

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Baltic Team, Visegrad Team

IEŚ Commentaries 585
| Michał Paszkowski - Baltic Team, Visegrad Team

Slovakia: natural gas supply diversification with a government misunderstanding

Slovakia has condemned unequivocally Russia’s attack on Ukraine and is now consistently in favour of introducing an embargo on the import of energy resources and oil products from Russia. The country’s high dependency on natural gas supplies necessitates the creation of a more diversified structure of imports, which, however, in current market conditions, will be a serious...

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Visegrad Team

IEŚ Commentaries 501
- Visegrad Team

Slovakia: Controversy over a Defense Agreement with the United States

On January 12, 2022, the government of Eduard Heger (OĽaNO) adopted a draft framework defense agreement with the US, which, inter alia, regulates the legal status of US soldiers and allows the US to use and modernize the Slovak military infrastructure. The document still has to be ratified by the parliament and signed by President Zuzana Čaputová. The contract will run for 10...

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Baltic Team, Visegrad Team

IEŚ Commentaries 475
- Baltic Team, Visegrad Team

Slovakia resists construction of the Nord Stream 2 gas pipeline

The Nord Stream 2 (NS2) gas pipeline that is being built by the Russian company OAO Gazprom will have a significant impact on Slovakia‘s energy security. The country, like Ukraine, is concerned about limiting its role as a transit country, as well as Russia’s use of its monopoly position in Central Europe. Nevertheless, this is not a topic often raised in political debate....

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Baltic Team, Visegrad Team

IEŚ Commentaries 450
- Baltic Team, Visegrad Team

Slovakia: price crisis and possible problems with access to natural gas

Currently, a significant challenge facing Slovakia is the rapidly growing prices of energy commodities, including natural gas. This problem affects not only large enterprises, but also individual clients. In addition to rising prices, the low level of filling of natural gas storage facilities is also worrying. Russia’s steps to reduce gas transport via Ukraine also directly...

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Visegrad Team

IEŚ Commentaries 347
- Visegrad Team

Slovakia: Political Crisis with Sputnik V in the Background

Slovakia has officially become the second EU country to approve the use of Sputnik V. According to the adopted plan, 2 million doses will be delivered to the country in the coming months. The decision was made by the prime minister, and the minister of health did not consult with the full government, which caused a serious political crisis within the government coalition. Indeed,...

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Visegrad Team

IEŚ Commentaries 311
- Visegrad Team

The automotive industry in Slovakia has overshadowed by the COVID-19 Pandemic

The automotive industry is a key industrial sector in Slovakia. It is also the main source of direct foreign investment in the country. The situation in the automotive industry during the first wave of the COVID-19 pandemic, when automotive manufacturers suspended car production, had a significant impact on the Slovak economy. On the other hand, the lockdown introduced by the...

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