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SDKÚ wants stimuli only for investments in poorer regions

The prime minister's Slovak Democratic and Christian Union (SDKÚ) proposed to limit investment stimuli only to investors who start businesses in the Prešov, Košice, Banská Bystrica, and Nitra regions.

"These are regions with a jobless rate higher than the Slovak average," Finance Minister Ivan Mikloš told the SITA news wire.

However, the SDKÚ wants to keep open the possibility of exceptions, he said.

Stimuli to investors entering strategic technological branches - chiefly information technology and biotechnology - would only apply to investments of at least €500 million.

Unemployment in these specific regions exceeds the national average, which in February stood at over 17 percent.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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