Shortly following the monumental changes to their governmental systems and economies, countries in Central & Eastern Europe did see their wages grow steadily – but over 30 years later it is apparent that average employee pay in the region can still be even half of that seen in the West of
Slovakia has been a great beneficiary of automotive industry expansion in recent decades. However, its high exposure to the global car market, and the ongoing far-reaching transformation of the industry may endanger the country’s outlook in this regard and reveal weaknesses in Slovakia’s economic growth model.
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Known as the “Airbnb of clean energy” and “brAIn,” the Slovak startup Fuergy is a Central European success story in the field of green technology.
Fuergy revolutionizes energy consumption through its commitment to making renewables effective and affordable to everyone. The company has built a highly scalable hardware device and
Given the countries’ geographical proximity to one another, Slovak-Russian relations are a mixed bag, characterized by energy dependence on the one hand, and low-level trade on the other. Their luke-warm ties are underpinned by Bratislava’s sometimes firm, sometimes flexible stance toward Moscow.
Slovakia was formerly a part of Czechoslovakia