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Signs of a turnaround are still tenuous and it may take a lot longer before a self-sustaining recovery is back on track. The economy is projected to decline by 5.4 per cent in 2009, followed by a slow recovery in 2010. Above all, the authorities should build on the economy’s success so far and maintain a stable operating environment for investors.
More developments and challenges
|
No. of projects |
119 |
|---|---|
|
Net business volume |
€1,553.4 million |
|
Total project value |
€5,594.3 million |
|
Gross disbursements |
€1,178.8 million |
|
Portfolio in private sector |
100% |

The Bank’s priorities in the Slovak Republic are to foster the continued availability of credit to small and medium-sized enterprises (SMEs) and municipalities through local banks. The Bank will promote investments in the diversification of energy supply, in energy efficiency and renewable energy to enhance energy security, reduce energy intensity and meet environmental targets through the expansion of the existing Sustainable Energy Financing Facility.
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