Miškov sets mind to improving business environment

Economy and Construction Minister Juraj Miškov has announced plans to bring about a dramatic improvement in Slovakia's business environment.

Economy and Construction Minister Juraj Miškov has announced plans to bring about a dramatic improvement in Slovakia's business environment.

"It would be great if we could turn the country into the Singapore of Central and Eastern Europe,” Miškov has said in an interview with TASR. “I wish that entrepreneurs had at least half as favourable conditions for doing business as in Singapore, which leads the way in terms of business freedoms."

As the worst problems for business activities in Slovakia, Miškov cited unstable legislation and too much paperwork, which he would like to reduce by a quarter before 2012.

In the near future, Miškov intends to set up an institute to specialise in analysing and proposing measures to improve the domestic business environment. The ministry currently has two analysts instead of the twenty it needs, and co-operation with other ministries is weak, TASR reported.

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