Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Poorer regions to get investment help

A NEW law on the cabinet agenda August 15 would steer investments to regions with high unemployment.

The draft bill on investment aid, prepared by the Economy Ministry, would also give preference to investments with a higher added value, according to the SITA news agency. If approved, it would take effect on January 1, 2008.

The law involves investment stimuli for projects in the areas of industrial production, technological centres, strategic service centres and tourism centres.

However, the cabinet will still have the final say in the allocation of investment stimuli.

The draft bill divides the terms for individual forms of investment aid by sector and region, while the principle of providing more aid to projects with higher added value in less developed regions will be preserved.

Top stories

My five-year-old daughter will almost certainly encounter a Weinstein too

It’s not that I thought sexually harassing women was okay, it’s more that I accepted that was just part of how things worked. Unfortunate, yes, but also standard.

Harvey Weinstein

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico