BUSINESS BRIEFS

Job creation stimulus passed

Parliament has passed a job-creation package freeing employers from paying five months of social fund dues on the salaries of long-term unemployed people or recent graduates.

Slovakia has one of the highest unemployment rates in Europe at just under 20%. During its term the government has introduced a public works programme designed to bring levels of joblessness down.

However economists say illegal employment is commonplace because of the relatively high costs for employers when taking on staff.

Get daily Slovak news directly to your inbox

Top stories

News digest: Lockdown not out of the question, PM Matovič says

The overview of news from Wednesday, October 21, 2020.

PM Igor Matovič says lockdown is still in play.

A curfew for those who refuse testing? Lawyers and president have doubts

The government risks the Constitutional Court canceling the nationwide testing.

Illustrative stock photo

The cabinet approves plan for permanent kurzarbeit

The new fund is expected to be introduced from 2022.

Labour Minister Milan Krajniak