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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.

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