{
  "title": "Slovak Republic: Staff Report for the 2014 Article IV Consultation",
  "publication": "IMF Staff Country Reports, September 2, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/slovak-republic-staff-report-for-the-2014-article-iv-consultation-41866",
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  "summary": "After slowing in 2013, the Slovak economy is gathering momentum as the euro area and domestic demand recover, the latter complementing the strong export sector that has made Slovakia one of Europe’s more dynamic economies.",
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      "heading": "Economic outlook and drivers",
      "content": "- After slowing in 2013, the Slovak economy is gathering momentum as the euro area and domestic demand recover.\n- Domestic demand complements a strong export sector that has made Slovakia one of Europe’s more dynamic economies.\n- Slovakia’s fortunes remain closely tied to external developments, especially in the euro area."
    },
    {
      "heading": "Key challenges and vulnerabilities",
      "content": "- Reducing still very high unemployment remains a key challenge.\n- Sustaining fiscal adjustment is a central policy task.\n- There are risks from regional tensions, given that Russia provides much of Slovakia’s energy and is a reasonably important export market, including for Slovakia’s trading partners."
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    {
      "heading": "Fiscal, debt, and financial sector position",
      "content": "- Public and private debt are described as manageable.\n- The banking system is characterized as sound, which limits near-term vulnerabilities."
    },
    {
      "heading": "Subjects and keywords (as stated in the report)",
      "content": "- Subjects: Expenditure, Financial institutions, Income, Labor, Loans, National accounts, Public debt, Unemployment\n- Keywords: core HICP inflation, CR, Europe, Global, headline HICP inflation, HICP, Income, ISCR, liability positions vis-à-vis nonresident, Loans, staff appraisal, staff projection, Unemployment\n\n---\n\n Content in this bundle\n\n- cr14254\n  - cr14254 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr14254 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: September 2, 2014",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781498301459.002",
    "After slowing in 2013, the Slovak economy is gathering momentum as the euro area and domestic demand recover.",
    "Domestic demand complements a strong export sector that has made Slovakia one of Europe’s more dynamic economies.",
    "Slovakia’s fortunes remain closely tied to external developments, especially in the euro area.",
    "Reducing still very high unemployment remains a key challenge.",
    "Sustaining fiscal adjustment is a central policy task.",
    "There are risks from regional tensions, given that Russia provides much of Slovakia’s energy and is a reasonably important export market, including for Slovakia’s trading partners.",
    "Public and private debt are described as manageable.",
    "The banking system is characterized as sound, which limits near-term vulnerabilities.",
    "Subjects: Expenditure, Financial institutions, Income, Labor, Loans, National accounts, Public debt, Unemployment",
    "Keywords: core HICP inflation, CR, Europe, Global, headline HICP inflation, HICP, Income, ISCR, liability positions vis-à-vis nonresident, Loans, staff appraisal, staff projection, Unemployment",
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