SLOVAKIA'S Finance Minister Ivan Mikloš received an honour from the Taxpayers Association of Europe (TAE). The award, presented in Brussels on July 12, recognizes Mikloš' efforts in implementing reforms in Slovakia, the TASR news wire reported.
The main reason for the honour, made annually by TAE for the seventh year, is Slovakia's tax reform. But the association also expressed appreciation of his "courageous reforms in the field of the social system and the labour market".
"The result of the reforms is that Slovakia has proven exemplary in terms of its readiness for EU membership and the challenges of the 21st century. The reforms created conditions for higher growth, employment and prosperity in Slovakia," association Chairman Rolf von Hohenhau said.
According to von Hohenhau, Slovakia is a "positive European example" of how to respond to growing economic competition. Only the competition of tax systems can guarantee lower taxes in the interest of all citizens of Europe, he added.
Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
13. Jul 2005 at 10:17