The main trends of the development of the Slovak economy in 2006 and its estimation in 2007

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 foreign investors together with fufilled economic reforms had decisive impact on good results in 2006 and will have a positive influence on the economic development of the Slovak economy even in 2007. 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 West European economies.