Slovak Economy Watch: Bank analysts at the National Bank of Slovakia slightly cut the 2026 growth outlook to 0.8% while keeping inflation at 3.7%, and flagging a small dip in employment. Banking Pressure: Slovakia’s banks posted higher profits on paper in H1 but less in real terms as Fico’s bank levy bites, underlining how foreign-owned lenders weigh on returns and competition. EU Budget Fight: EU leaders including Germany’s Merz push for a smaller 2028–2034 EU budget, with Costa touring capitals including Slovakia to build unanimity on priorities and who pays. Ukraine Trade Shock: Ukraine’s grain exports are taking a hit as port blockades and logistics disruptions raise fears of a wider economic crisis. Digital Mobility: MÁV says international rail demand from Hungary keeps rising, with nearly two-thirds of tickets now bought digitally via MÁVPlusz and online. Manufacturing & Tech: Reinforce3D’s CFIP reinforcement tech is moving toward wider industrial adoption via a CEE sales partnership with 3Dees, including Slovakia. Local Business Spotlight: Bratislava’s artisanal ice lollies business shows how niche food brands survive tough admin and VAT changes without chasing supermarket scale. Security & Risk: Reports point to a rise in Russia-linked “gray zone” incidents across Europe, while Slovakia-linked sabotage plots and drone-related cases keep attention on business and infrastructure safety.