The economic situation is not so bad - it's actually been getting better lately. We've got some new major investments etc.
But the main problem is that our Prime Minister (=a major asshole) built his election campaign on fear of immigrants and dubbed his campaign headline as "We protect Slovakia", like there were actually any imigrants who give a fuck about coming to Slovakia. No, they all want to get to Germany, Austria and more developed countries like us. But the PM has started stirring shit like that and the people reacted in a very unpredictable way - they didn't vote for him, but for the even more extreme option: for Kotleba and his fascist party.
Very bad news, shame on our country.