IN SHORT

Slovakia up one slot in competitiveness

SLOVAKIA placed 39th in a ranking of countries according to the competitiveness of their economies prepared annually by the Swiss Institute for Management Development. A total of 61 countries and regions were evaluated.

The result was an improvement by one position for Slovakia compared to last year. In comparison with its neighbours, Slovakia remained behind the Czech Republic, which ranked 31st, but overtook Hungary, which ranked 41st this year. Poland was 57th.

The greatest challenge facing Slovakia in increasing its competitiveness in the coming years is continuing economic reforms and simplifying and unifying the tax system and social and health insurance fees, the SITA news wire wrote.

The competitiveness ranking confirmed the leading position of the US. Estonia, in 20th place, ranked highest among the new EU members.

Get daily Slovak news directly to your inbox

Top stories

News digest: Penta partner Haščák reportedly charged with corruption after a police raid

Anti-communist fighters will receive pensions. Sunk tugboat being drawn out of the water.

Jaroslav Haščák

Car industry needs to jump on the latest trends

Economy minister promises extensive support for hydrogen technologies in Slovakia.

The Hydrogen Technology Research Centre (CVVT) is to be launched at the end of 2020 or beginning of 2021 in Košice to do R&D in this field.

Responsibility goes hand in hand with EU advantages, says President Čaputová

President Zuzana Čaputová spoke with Vice President of the European Commission for Values and Transparency, Věra Jourová.

President Zuzana Čaputová

Half of all parents lack time to help their children with distance learning

Some have a hard time motivating their children, others do not understand the curriculum.