Financial Times FT.com

A victim of its own success

By Jan Cienski in Bratislava

Published: July 28 2009 16:25 | Last updated: July 28 2009 16:25

Slovakia’s reign as central Europe’s leading tiger economy is over, as exports plunge, unemployment increases and the deficit grows, forcing the country back into the role it thought it had left behind – one of central Europe’s laggards.

This year was supposed to be Slovakia’s coming-out year – marking the culmination of its rapid progress from a marginal Russian-leaning basket case under the reign of an autocratic government in the early 1990s, to a fully integrated member of the European Union.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this