Labour Code changes hurt business index

CHANGES to the Labour Code and a planned amendment to the Social Insurance Act contributed to a decline in the business environment in Slovakia, a new survey shows.

The business environment index slumped to 123.4 points in the second quarter of 2007, according to the latest regular survey from the Business Alliance of Slovakia (PAS), released on August 28.

That's a decrease of 0.7 percent compared to the first quarter of 2007, and the fourth consecutive quarterly decrease, the TASR newswire wrote.

According to PAS, the steepest decline in the second quarter was recorded in the 'labour legislation' component.

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.