The Slovak economy will grow by 2.5 percent this year, the International Monetary Fund predicted in a report following a two-week mission in Slovakia. The IMF says that the economic growth in Slovakia is one of the most dynamic in Europe and anticipates the country will see a rise in domestic consumption following a two-year decline. The IMF report says Slovakia’s continued recovery is mainly thanks to a healthy banking sector. The national deficit has also fallen by 5 percent since 2009 to 2.8 percent in 2013. However, the report warns that political tension between Ukraine and Russia could affect the Slovak economy, mainly its energy sector.
