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Figel: Investments in knowledge-based economy needed to support tourism

EU Commissioner Ján Figel has said that investments in the knowledge based economy are also needed to help tourism and trade in Slovakia grow.

Figel took the time to hold a press conference while attending a seminar organized by the Trade and Tourism Association (ZOCR) on March 16.

ZOCR President Pavol Konštiak added that there is a need to increase the level of education in tourism and trade, since this sector needs high-quality employees with university and secondary-school educations. He said that in the future, aroud 50 percent of the new jobs in this field should be filled by people with a university degree.

Trade and tourism in Slovakia reported a turnover of Sk1,242 billion last year. This sector was employing 342,000 people at the end of 2006, which is an increase of 16,000 people over the end of 2005.

Compiled by Zuzana Vilikovská from press reports
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