Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Business environment worsened

THE BUSINESS environment in Slovakia continued to worsen in 2011 as measured by a survey prepared by the Business Alliance of Slovakia (PAS), which reported that its index had fallen to 87 points at the end of 2011, the lowest level since PAS started calculating the index of business environment in 2001, the SITA newswire reported.

THE BUSINESS environment in Slovakia continued to worsen in 2011 as measured by a survey prepared by the Business Alliance of Slovakia (PAS), which reported that its index had fallen to 87 points at the end of 2011, the lowest level since PAS started calculating the index of business environment in 2001, the SITA newswire reported.

The most significant fall in the index was in the category of the functioning of the political system, with PAS attributing this to the collapse of the Radičová government in October 2011 and the inability of many ministries to pursue reforms, SITA wrote.

The second largest fall in the index, based on the responses of entrepreneurs clustered within PAS, were in the state’s economic performance and access to state support. The third largest drop was recorded in enforceability of laws and the functioning of the judicial system.

The survey responses did find that the businesspeople thought that employment-related legislation had improved due to the changes in the Labour Code that took effect in September last year.

Top stories

Slovak scientist in the US: Slovak science needs more than just money to thrive

It seems as if we do not want skilled scientists to return home, says Dominika Truban, who founded a platform connecting Slovak researchers abroad and at home.

Dominika Truban

The Education Ministry to restore the analytical institute

The institute that is part of the Value for Money initiative was merged with another body at the beginning of the year.

Education Minister Martina Lubyová

Blog: Helping others helps your company too

Tatiana Čaplová, Program Coordinator for CSR at the Pontis Foundation, offers a very interesting look behind the scenes of the most successful CSR event in Slovakia - Naše Mesto (Our City).

Bratislava