78785
Slovakia to Remain Strong  in 2018
Slovakia to Remain Strong  in 2018

Slovakia to Remain Strong in 2018

Slovakia to Remain Strong in 2018

The solid growth that Slovakia has been experiencing over the past three years should continue in 2018–and even gear up a bit–close to 4% in real terms and possibly even more in 2019 when the Jaguar Land Rover plant in the Nitra region will start producing at full capacity, Spectator reported. Cyclically, Slovakia is narrowing the slack in the economy, with the labor market entering a full employment scenario. This will result in growing pressure on wage costs and bringing in foreign labor. For investors looking at the longer term horizon, a growing shortfall of skilled domestic workers and other adverse demographic trends will indeed be the major structural issues to cope with in Slovakia. The Slovak economy has done well in the first half of 2017: real GDP grew by 3.2%, much like in the preceding year and seems on paper to post a full-year growth of 3.4%. Slovakia’s positive achievements though are no exception in the region. The Czech Republic, Hungary and Poland all look likely to deliver full-year growth of 4%, while the Romanian economy nears 6% growth.

 

Short URL : https://goo.gl/hBwe8r
  1. https://goo.gl/sryH6U
  • https://goo.gl/9FPeUf
  • https://goo.gl/2ND2Lz
  • https://goo.gl/FapyuN
  • https://goo.gl/aUfwbm

You can also read ...

If both sides continue with tit-for-tat tariffs, the inflation would lead to further increases in interest rates  and give rise to disturbances in the currency markets.
The trade war between the US and China risks substantially...
Hong Kong’s GDP fell to 3.5% in the second quarter.
The outlook for Hong Kong’s economy is darkening as rising...
Many emerging market economies are better prepared now because they have a good international reserve position and they allow their exchange rates  to float more freely.
Italian economist Claudio Borio is considered an authority in...
Crypto Market Struggles as Bitcoin Dips Below $6,000
Bitcoin touched below $6,000 and dozens of smaller digital...
Norway to Surpass Sweden
Sweden’s economic prospects have dimmed in recent months and...
China Growth Momentum Slows
China’s economy hit a mid-year rough patch as efforts to curb...
Bankruptcy Soars Among Elderly in United States
A growing number of retirees in the US are filing for...
Lebanon Economy Struggling
Lebanon’s economy has been in a precarious position in recent...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus