Spectator on facebook

Spectator on facebook


Parliament adopts investment incentives bill

INVESTMENT incentives will be directed mainly to regions with high unemployment rates and projects with a higher added value, under a bill adopted by the Slovak Parliament on October 29, the SITA newswire reported.

The bill outlines incentives for investors for industrial production and technological projects, strategic service centres and tourism centres. The final word on the allocation of investment aid rests with the cabinet.

The bill regulates the terms and limits for providing individual forms of investment aid, according to the sector and region. The principle of providing more aid to more advanced projects in less developed regions has been preserved. The Economy Ministry estimates that next year, the government could spend Sk2 billion (€60 million) on investment incentives in the form of direct and indirect support. In 2009, this sum could drop to Sk1.5 billion.

Top stories

Thousands of people returned to the streets Photo

Though the main Bratislava protest was cancelled, people attended other gatherings, expressing their disagreement with the current situation.

SNP Square in Bratislava, March 23

She faced Russian tanks in 1968. Today, she protests again Photo

There are no tanks pointing at us today, says Mária Homolková, who joined protests in SNP Square once again in March 2018 to secure a better life for her grandchildren.

Kiska appoints Pellegrini cabinet

The president approved the new government, despite some reservations. The new PM promises to investigate the murder of the journalist and his fiancée.

Peter Pellegrini's government

There is still work to be done

2018 is not a re-run of 1989, but there is a connection.

Bratislava, March 16