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ECONOMIC BRIEFS

Report ranks countries' "economic freedom"

In the list of countries ranking economic freedom, Slovakia is sixty-sixth among 115 countries, according to a report prepared by the Canadian Fraser Institute. Other Visegrád countries didn't fare much better: the Czech Republic was sixty-second, Hungary was sixty-third, and Poland was eighty-first. The top places are occupied by Hong Kong, Singapore, and New Zealand. According to the report, Slovakia needs to clarify legislation, remove barriers to doing business, further liberalize trade, and keep inflation low to move up in the standings.

Top stories

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Germans will distribute cars from Nitra’s JRL plant

The state-run freight carrier Cargo did not succeed in its bid, but is still discussing the distribution of suborders with the German firm.

Jaguar Land Rover’s construction site

Ministry: Law against puppy farms affects honest breeders

The recently passed law, clamping down on puppy farms will have serious consequences for honest dog breeders and state employees.

Illustrative stock photo.

Mihál leaving SaS

Behind his decision is disagreement with the stances of party chair Richard Sulík.

Jozef Mihál (l) and Richard Sulík (r)