Spectator on facebook

Spectator on facebook

PAS: Business environment worsened further in Q4 2011

The business environment continued to deteriorate in the final quarter of 2011, the Slovak Business Alliance (PAS) said on Wednesday, February 8, as reported by the TASR newswire.

The business environment continued to deteriorate in the final quarter of 2011, the Slovak Business Alliance (PAS) said on Wednesday, February 8, as reported by the TASR newswire.

PAS's Business Environment Index (IPP) stood at 87 points in the fourth quarter of last year, representing a drop of 2.43 points compared to the previous three months. "The perceived worsening is tied mainly to events surrounding the demise of the government and the resulting halt to the adoption of reform bills," said PAS executive director Róbert Kičina. "Entrepreneurs are also increasingly wary given the difficulties in predicting developments on the Slovak political scene as well as on markets in Europe," Kičina added. PAS is an association of companies that employ 64,000 people and have a combined annual turnover of €16.93 billion.

Source: TASR

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

They earn thousands of euros – and are important even to politicians. Why are Youtubers so attractive?

Youtubers are among the most influential people of the younger generation. Apart from funny videos, they also point to social issues.

L-R: President Andrej kiska drievn in a video by the Youtuber Gogo.

The politics of a police shooting

Cynicism bred by a generation of injustice leads us to mistrust even a routine police action.

Illustrative stock photo

Why (not) Rezník?

The top job at RTVS is too important to hand to a deeply compromised candidate.

The RTVS radio building

Learn from successes along with mistakes

The mentoring programme enables contacts between students and business leaders, to help them move forward in their future career.

Students and business leaders could network at the Mentor Network Program in late May.