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Lisbon: Slovakia gets mixed results

IN MEETING the goals of the European Union's Lisbon strategy, Slovakia is doing well in cutting red tape for business activity but much less well in liberalizing its research and development and telecoms sectors, the news agency TASR reported.

A report published by the London-based Centre for European Reform released on March 17 gives Slovakia a grade "C".

The top performer in meeting the Lisbon goals, launched in 2000 to make the EU the world's most competitive economy by 2010, is Sweden, while Italy is the worst.

Among the goals set by the Lisbon strategy for the EU are 3-percent annual GDP growth and 20 million new jobs. Also expected is a 3-percent increase in spending on science and research and development.

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