Structural Challenges 2024

20 August 2024
Despite moderate improvement on the productivity front, Slovakia is still lagging behind more advanced countries. The key challenge for the Slovak economy is to accelerate productivity growth and revive convergence with more advanced countries. This will require shifting to an innovation based economic model.

Publications

When staying put means moving forward

22 July 2024
Last week’s decision to maintain the current interest rates was both prudent and canny. It aligns perfectly with our ongoing strategy to closely monitor and analyse incoming data without precommitting to any specific action.

Governor’s comment

The three key ECB interest rates unchanged

18 July 2024
The Governing Council today decided to keep the three key ECB interest rates unchanged. The incoming information broadly supports the Governing Council’s previous assessment of the medium-term inflation outlook. While some measures of underlying inflation ticked up in May owing to one-off factors, most measures were either stable or edged down in June.

Monetary policy decisions