Spectator on facebook

Spectator on facebook

PAS poll: business environment weakened by amended Labour Code

The business environment in Slovakia again slightly worsened in the second quarter of 2007, especially due to the approved amendment of the Labour Code and the amendment to the Social Insurance Act that is under preparation, according to a survey released on August 28 in Bratislava.

The survey was carried out by the Business Alliance of Slovakia (PAS), which regularly publishes the value of business environment index (IPP).

Currently, the IPP value is 123.4 points, which represents a decrease of 0.7 percent compared to 1Q07, representing the fourth consecutive quarterly decrease. According to PAS, the steepest decline in 2Q07 was recorded in 'labour legislation', namely by 9.19 percent of respondents, and its current value is 112.6 points.

According to the report, the doubling of expenses for lay-offs, strengthening of trade unionists in companies, and limits on temporary work have ushered in a doubling of expenses for entrepreneurs, and thus created obstacles to increasing hiring. Another serious problem is the legal uncertainty of employers, which is a result of the unclear formulation of dependent labour. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Revitalised industrial building offers work, entertainment and housing

Mlynica is an excellent example of successful conversion of unused industrial building.

Mlynica

Czech PM files lawsuit against Slovakia at ECHR

Czech Premier Andrej Babiš sues his homeland in the European Court for Human Rights in connection with records proving his collaboration with the communist-era secret police.

Andrej Babiš

For a Decent Slovakia organise another protest for June 22

At the same time, they are suing ex-PM Robert Fico, in response to his statements made during the protest rallies in February, citing fear-mongering and defamation.

For a Decent Slovakia represenattives - L-R: Lukáš Füle, Karolína Farská, Juraj Šeliga and Veronika Bruncková - filed a suit against ex-PM Robert Fico June 15.