The Slovak Association of Small Enterprises (SAMP) agrees with the measures drawn up to deal with the impact of the global financial crisis by the opposition SDKÚ-DS party, SAMP president Vladimír Sirotka said on October 30 after a meeting with SDKÚ representatives.
"Small firms, which are often fairly well-equipped technologically and depend on somebody else's money, could be hit most severely by this crisis. Large companies can move to countries with cheaper workforces, but a small entrepreneur has nowhere to go," he said.
"We've agreed that these measures make sense. We also agreed on further communication and co-operation," SDKÚ vice-chairman Ivan Mikloš stated.
Mikloš added that many of the measures proposed by his party are aimed at tradesmen and small and medium-sized enterprises. These include two-year tax-and-deduction holidays and an increase in the tax-exempt minimum to Sk18,000 (€560).
The SDKÚ criticised the government on October 29, alleging that its erroneous policies during the global financial crisis have contributed to a situation in which a number of jobs are under threat in Slovakia. Since the new government came to power, the business environment and the flexibility of the labour market have been deteriorating, among other things, Mikloš and SDKÚ chairman Mikuláš Dzurinda told journalists.
Meanwhile, the Finance Ministry has announced that it will try to continue to save during the crisis, so that the planned deficit of 1.7 percent of GDP would remain intact.
"At the same time, we'll try to stimulate economic growth," Finance Ministry spokesman Miroslav Šmál told the TASR newswire.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
31. Oct 2008 at 15:30