Spectator on facebook

Spectator on facebook

IN SHORT

Slovak tax burden third lowest in EU

THE TAX burden in Slovakia in 2004 was the third lowest in the European Union, according to a comparison of the ratios between national tax revenues and gross domestic product (GDP) in EU member states.

The report by Eurostat, the EU's statistics bureau, found the ratio for Slovakia was 30.6 percent in 2004. According to Eurostat, Slovakia's ratio has been falling since 1998, when it stood at 37.1 percent.

Only Lithuania and Latvia had a lower tax burden, recording 28.7 percent and 29.1 percent, respectively. The EU's average tax burden in the same year was 40.7 percent, down from 42.7 percent in 1999, the highest level in the past decade, the SITA news agency wrote.

Among EU member states, the highest tax burden in 2004 was in Sweden, where the ratio was 51 percent. Denmark had the second-highest ratio at 49.9 percent, followed by Belgium (47.4 percent), France (45.3 percent), Finland (44.5 percent) and Austria (44.3 percent).

Top stories

Famous books on totalitarianism popular in Slovakia too

Internet bookstores have recorded an increased interest in books exploring totalitarian regimes, including demanding theoretical works.

George Orwell in Slovak bookstores

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.