Spectator on facebook

Spectator on facebook

New investment rules for state stimuli

SLOVAKIA is to implement new fixed rules on providing state stimuli for the investors.

Ministers with economic portfolio discussed the rules for providing state support for firms and advised the cabinet to approve them. The cabinet will discuss the rules next week, according to the daily SME.

These rules are designed to overcome the dispute that arose over state stimuli for Korean investor Hankook Tire.

The proposed law divides Slovakia into two basic zones: a green (poorer) zone and a yellow (wealthy) zone. Economic sectors are divided into three: sector A is for investment in industrial production, and Sector B is for strategic investment in the high-tech branch. Sector C is for research and development centres.

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

Top stories

Gilden: Take the negative and make a positive from it Photo

The works of New York native, photographer Bruce Gilden, who has worked for five decades in the streets of the biggest cities, are on exhibit in the Kunsthalle (House of Arts) in Bratislava.

Bruce Gilden: Feast of San Gennero, Little Italy, 1984.

The ongoing struggle for a free and democratic Slovakia

The people of Slovakia deserve the credit for the remarkable progress that this country has made over the past twenty-five years, US ambassador writes.

Illustrative stock photo

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 24 and December 3, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Christmas Markets Bratislava

Robert Fico has lost the electoral magic he once had Plus

But his party can still bounce back if they do the things that make parties resilient.

Robert Fico claims that Smer won the regional elections because it is the party with the most chairs in regional councils.