Spectator on facebook

Spectator on facebook

Slovakia’s service sector is secure place for investment

Among developing economies, Slovakia is the most attractive investment destination for the services sector according to this year's PricewaterhouseCoopers (PwC) EM20 Index report, which tracks investment risk in developing markets for both production and services, reported the TASR newswire. PwC has updated its rankings because of rapidly changing conditions related to the financial and economic crisis. The importance of knowing the risk rate when investing, according to PwC, is even more important in this period of crisis than in a period of prosperity, wrote TASR.

Among developing economies, Slovakia is the most attractive investment destination for the services sector according to this year's PricewaterhouseCoopers (PwC) EM20 Index report, which tracks investment risk in developing markets for both production and services, reported the TASR newswire.

PwC has updated its rankings because of rapidly changing conditions related to the financial and economic crisis. The importance of knowing the risk rate when investing, according to PwC, is even more important in this period of crisis than in a period of prosperity, wrote TASR.

“The most striking rank improvements in services sector have been recorded by Slovakia, China, and India. Slovakia and China, which now occupy first and seventh place, have recorded decreases in their risk surcharges, compared to many other developing markets,” Slovakia's Economy Ministry said on May 16, as quoted by TASR.

According to PwC, all countries assessed by PwC, with the exception of Chile and Slovakia, have lower recoverability of investment rankings than they had as recently as year ago.

The recoverability of investments has significantly decreased in many countries due to the impact of the economic crisis, which has been confirmed also by the results of the PwC survey. In last June’s PwC report, Slovakia, in terms of investment attractiveness in the services sector, was in sixth place among all developing markets.

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

Top stories

PM Fico wants Education Minister’s resignation

Education Minister Peter Plavčan has refused to leave, the Prime Minister demanding his resignation.

Education Minister Peter Plavčan

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Southern Slovakia will face heat again

The first-level warning is issued for the 16th and 17th.