Most companies won't survive the summer without state help

The most important measures to help an economy suffering from the coronavirus pandemic should be of a fiscal and employment nature.

This stems from a poll carried out by the American Chamber of Commerce (AmCham) in Slovakia among 54 CEOs of its member companies between March 19 and 26.

They mostly called for reducing payroll tax or postponing its due date, delaying the due date for corporate income tax and VAT deposits, increasing the Labour Code flexibility, reducing red tape, and making e-communication with public institutions work better.

Companies expect drop in revenues