Spectator on facebook

Spectator on facebook

IN SHORT

EBRD: Slovakia a leader in improving

OVER THE PAST three years, Slovakia has made strong progress in improving business conditions, according to a report by the European Bank for Reconstruction and Development (EBRD).

The EBRD compared 26 states on their way to fully functional market economies, including eight new EU member states from Central Europe and the Baltics, seven Balkan countries, and 11 former members of the Soviet Union. The results were tabled in the EBRD's Transition Report 2005.

The report generally praised Slovakia, although it also warned of several risks to Slovakia's economy, such as the delayed liberalization of the telecom sector, where the state has tolerated the dominance of Slovak Telecom for many years.

The report warned that Slovakia should diversify its foreign investments to avoid becoming too dependent on the automotive industry. The newly adopted rules for investment incentives were a positive step in this regard, according to the EBRD.

The report also warned that the arrival of a new government following 2006 general elections could present a risk for public finances.

Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava