Spectator on facebook

Spectator on facebook

Slovakia 40th in global economic freedom ranking

THE SLOVAK economy was the 40th most free in the world in 2006, according to the economic freedom index published annually by the US Heritage Foundation and the Wall Street Journal.

The Bratislava-based F.A. Hayek Foundation, a Slovak partner in the project, reported that economic freedom in Slovakia is 68 percent of the EU average.

The index evaluated a total of 157 countries.

The evaluation notes the high level of freedom in Slovakia in doing business, investing, and trade. On the other hand, the country was criticized for its judicial system, weak law enforcement and still high level of corruption.

Of Central European countries only the Czech Republic ranked ahead of Slovakia, finishing in 39th spot.

The world leaders are Hong Kong, followed by Singapore and Australia

Top stories

Bankers adjust to customers’ habits

More people will be coming to banks for advisory.

You do not need to sympathise with LGBTI to support their rights

The lawmakers need to act before the next Oliari comes to the Strasbourg court to sue Slovakia.

Ombudswoman Maria Patakyova addresses the Pride participants.

Preparation of young journalists lags

Editors and students complain about the lack of practical training at journalism schools and missing links with the realities of the media market.

International students travel to attend world leading universities. So they did in the past.

Raslavice village creates jobs; constructs wellness centre

By using eurofunds and state aid new Mayor of Raslavice Marek Rakoš thus created some 80 jobs in two years.