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EN
In 2006 the favourable development of the Slovak economy had almost universal character. Robust economic growth was combined with a breaking improvement on labour market and with preserving satisfactory macroeconomic stability. Launching the operation of new production capacities of the foreign investors together with the fulfilled economic reforms had decisive impact on the good results in 2006 and will have a positive influence on the economic development of the Slovak economy even in 2007. The commitments connected with the expected entry into the euro area (January 1, 2009) will contribute to maintaining macroeconomic stability and to further advancement of real convergence towards the level of the West European economies.
EN
In 2005, the economic development of Slovakia was positively influenced by the successful implementation of the structural reforms in the previous years. High level of the economic growth was combined with the favourable macroeconomic stability. The GDP growth was achieved mainly due to the overall growth of the resources and the total factor productivity. The fiscal and monetary policies also contributed to the suitable overall macroeconomic stability. The forecast of the economic growth for the year 2006 is based on the analysis of the possible development of the domestic and foreign demand. Further increase of the economic growth is anticipated.
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