European Parliament Library

Slovak Republic :, 2010 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

The economy is emerging from a deep recession. The downturn has, however, exacerbated the unemployment problem. The authorities and IMF staff agreed that the recession represents a permanent loss of potential output and lower potential growth. Relatively sound fiscal policies in the pre-crisis period helped contain the deficit and bring down the public debt. The financial sector is weathering the global financial crisis generally well. Unemployment and its regional dispersion are a major concern. The share of workers with higher education is low
Table Of Contents
Cover; Executive Summary; Contents; I. Background; Boxes; 1. The Impact of the Euro Adoption; II. Outlook; III. Fiscal Policy; 2. Expenditure Rule; IV. Financial Sector; V. Labor Market and Structural Reforms; 3. Minimum Wage and Regional Unemployment; VI. Staff Appraisal; Tables; 1. Summary of Economic Indicators, 2006-15; 2. Fiscal Operations of the Consolidated General Government with Measures, 2006-15; 3. Medium-Term Balance of Payments, 2006-15; 4. Financial Soundness Indicators for the Banking Sector, 2008-10; Contents; I. Fund Relations; II. Statistical Issues
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (34 p.)
Specific Material Designation
Form Of Item

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