Slovakia

Odette Andreea Marinache

Conjunctura economiei mondiale / World Economic Studies, 2014

Abstract: According to European Commission data, in 2013 Slovakia’s GDP growth rate slowed down, mostly due to the reduction of domestic demand and productive investments, but also as a result of a lower export rate. For 2014 and 2015, OECD and European Commission experts forecast a revival of the Slovak economic growth rate, determined by an increase in exports, and a positive trend for private consumption and productive investments. For a sustainable fiscal consolidation, the Slovak authorities intend to reduce the budget austerity measures through stronger reforms in the public sector and an increase in European funds absorption rate, factors that will favor a progressive investment growth.

Keywords: Slovakia; GDP; unemployment rate; inflation; general government gross debt (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2014:id:2822000009586023

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