FINANCE Minister Ivan Mikloš has been criticised for his plans to set a flat VAT rate of 20 percent by both economy minister Robert Nemcsics and Slovak Chamber of Commerce and Industry president Peter Mihók.
Both say they would prefer a lower level of 15 percent. According to Mihók, 20 percent would be "above the pain barrier" for most customers.
5. May 2003 at 0:00 | From press reports of TASR and SITA