We estimate the economic consequences of electricity blackout scenarios on the automotive industry and the Slovak economy. Our estimates of inoperability of the automotive sector range from 2.9 % to 4.2 % across regions on the first day of the blackout, while the overall inoperability of the...

The COVID-19 pandemic exposed significant vulnerabilities in public-sector administrative capacity, particularly in the implementation of crisis-related state aid schemes. Under conditions of extreme workload, time pressure, and legal constraints, administrative processes became critical...

Populist radical right parties known for populist, anti-immigrant, and Eurosceptic stances have gained varying electoral support in the European Union. Slovakia is no exception and this study investigates the determinants of support for populist radical right parties in Slovakia, focusing on...

The objective of this study is to analyse the relationship between tourist attitudes towards waste generation in Slovakia and their corresponding behaviours. With an increasing emphasis on environmental responsibility, understanding the behaviours and beliefs of tourists concerning waste...

Slovak Republic has made significant progress in institutionalizing spending reviews, having completed spending reviews covering 64 percent of total public spending since initiating the spending review project eight years ago. Despite progress, challenges remain, and important choices will need...

Background: Governments face critical decisions regarding road remediation projects, requiring careful economic evaluation, especially in countries like Slovakia where road infrastructure is crucial for attracting foreign investment. These decisions are complex, involving short-term and...

The effective corporate tax rate is a critical measure reflecting a nation's fiscal policy and its attractiveness to foreign investment. This study investigates the relationship between macroeconomic determinants and effective corporate tax rates, focusing on Slovakia's competitiveness within...

This paper presents causal evidence on how financial aid for Hungarian minorities in Slovakia leads to their non-assimilation. Using a staggered panel event study design, I show that the introduction of financial aid by the Hungarian government led to a statistically significant 2.35 percentage...

Slovakia has a centralised approach to water management, with one competent authority, the Ministry of Environment, taking charge of all aspects of WFD implementation. In addition, the Office for Regulation of Network Industries (ÚRSO) regulates both drinking water and sanitation tariffs as...

The Floods Directive (FD) established a framework for flood risk management. It foresees 6-yearly cycles aiming at the reduction of the adverse consequences associated with floods in the European Union (EU). The first cycle covered the period 2010-15. The second cycle covers the period 2016-21....

This policy brief produced by Cedefop presents a snapshot of vocational education and training policy developments in Slovakia between 2020 and the end of 2024. It presents the context and the challenges the country faces, a selection of the latest VET-related statistics, as well as the national...

The study analyzes the heterogeneous impacts of the COVID-19 pandemic on financial performance across five strategic sectors of Slovakia's economy. Using a longitudinal dataset of 500 companies (100 per sector) spanning 2015-2022, we examine changes in profitability (ROE) and liquidity (quick...

Climate change is expected to lead to more frequent and intense extreme weather events, such as floods and droughts, which in turn increase physical risks. In this paper, we assess the direct exposure of Slovak banks' corporate loan portfolios to riverine flood risk. We propose several...

This technical note focuses on macroprudential policy framework and tools as part of the Slovak Republic's Financial Sector Assessment Program. The institutional framework for macroprudential policy in Slovakia aligns broadly with the IMF guidance for effective macroprudential policymaking. The...

This technical note focuses on regulation and supervision of less significant institutions as part of the Slovak Republic's Financial Sector Assessment Program. Národná banka Slovenska's (NBS) supervisory approach focuses on Less Significant Institution (LSI) risks and vulnerabilities however...

This technical note focuses on systemic risk analysis and stress testing as part of the Slovak Republic's Financial Sector Assessment Program. The FSAP for the Slovak Republic implemented an extensive analysis of systemic risks and assessed the resilience of the banking sector. It identified key...

The Slovak Republic is one of the two successor states (the other is the Czech Republic) established after the political changes on 1 January 1993, based on Constitutional Act No. 542/1992 on the Dissolution of the Czech and Slovak Federal Republic. Slovakia is a unitary state, divided into...

This report presents the evaluation results of the pilot intervention, which aimed to enhance the socioeconomic inclusion of marginalized Roma households in Bulgaria, Romania, and Slovakia. The pilot targeted households in extreme poverty receiving means-tested social assistance with a focus on...

The report examines the implementation of the National Roma Strategic Framework (NRSF) in the period 2022-2024, highlighting notable shortcomings in its execution. Although monitoring processes exhibit some strengths, there are areas that require improvement, such as implementation quality,...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European qualifications framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

The aim is to identify gaps in the monitoring network for Slovakia according to the revised Ambient Air Quality Directive (Directive (EU) 2024/2881). The analysis is conducted considering the data officially reported by Slovakia for the last five years (2019-2023) to EEA's Repornet2. Data has...

Most (82%) Slovakian firms are satisfied with their overall level of investment over the last three years but a substantial minority report investment gaps (14%). During the past financial year, 86% of firms invested, similar to the EU average. The share of firms that focus their investments on...

This report documents the work done in the most recent annual update for Slovakia. This work was carried out by the EUROMOD core development team, based at the JRC in Seville, in collaboration with the national team.

The VAT Gap represents the difference between expected VAT revenues and those actually collected, reflecting compliance challenges, policy inefficiencies, and enforcement gaps. As part of the European Commission's ongoing efforts to improve VAT compliance and revenue collection, these 27 country...

This report is an analysis of the labour market in the central and eastern regions of the Hungarian-Slovak border area, encompassing approximately the border regions lying to the east of the Banská Bystrica-Balassagyarmat-Budapest axis. It presents a current and forward-looking analysis of the...

Overall, government effectiveness in Slovakia remained below the average of the European Union Member States (EU‑27) compared to 2019 (before the impact of COVID-19). The effectiveness of the Slovak government is continuously decreasing in relative figures, while the absolute value decreased...

There were two ELD occurrences in Slovakia as of November 2021; one occurrence involved environmental damage and the other occurrence involved an imminent threat of environmental damage. Competent authorities tend to implement national legislation for preventing and remediating damage to land/soil,...

This in-depth review presents the main findings of the Commission's staff assessment of macroeconomic vulnerabilities for Slovakia for the purposes of Regulation (EU) No 1176/2011 on the prevention and correction of macroeconomic imbalances. It provides technical input to the Commission for the...

The Commission carried out a study to look at consumer behaviours concerning food waste and date marking. The study covered over 25000 participants from across all 27 EU Member States, who were asked to report on how they manage food in their daily lives through a survey. Based on their...

The Slovak Republic FSAP took place amidst an economic recovery and tighter financial conditions, despite the start of an accommodative cycle and signs of overvaluation in real estate markets. The financial system remains predominantly bank-centered, highly concentrated, with significant foreign...

Membership of the European Union (EU), adoption of the euro, and integration in global value chains, have contributed to a convergence towards living standards of more advanced EU countries. However, progress has slowed in recent years, and like many other EU countries, Slovakia is facing...

The study investigates extrinsic and intrinsic factors that influence honey purchasing decisions and their impact on honey consumption in Slovakia and Hungary. The comparative study is based on an online survey carried out during 2022. Both research samples are representative in terms of gender...

The EU provides technical and legislative support for creating good conditions for civil society organizations and funding opportunities for this sector within countries. A significant contribution is visible in the CEE countries, mainly in the states of the Visegrad group, that are the most...

The paper empirically estimates labour demand in Slovakia based on data from the online labor market platform Profesia.sk. It focuses on identifying the main trends in the number of job postings, their regional distribution, and occupational breakdown according to the ISCO classification. Data...

The paper compares two forecasts of Slovak GDP, the first with high-frequency data and the second without them. We utilize the last observation from the economic activity index acting as a short-term GDP forecast. We use data from 2000 to 2024 in weekly frequencies and have 27 variables related...