PAS: Entrepreneurial climate worsened in second quarter, hitting record low

The entrepreneurial environment in Slovakia further deteriorated in the second quarter of 2012, with businessmen complaining in particular about planned changes to the tax and payroll deductions burden and the lack of certainty about government measures in the sphere of economic policy, the executive director of the Slovak Business Alliance (PAS) lobbying group, Róbert Kičina, said on Thursday, August 2, as reported by the TASR newswire.

The entrepreneurial environment in Slovakia further deteriorated in the second quarter of 2012, with businessmen complaining in particular about planned changes to the tax and payroll deductions burden and the lack of certainty about government measures in the sphere of economic policy, the executive director of the Slovak Business Alliance (PAS) lobbying group, Róbert Kičina, said on Thursday, August 2, as reported by the TASR newswire.

The current level of the Entrepreneurial Environment Index (IPP), PAS's own internal gauge, is 84 points, the lowest since the index was launched more than ten years ago. It is now 3.46 percent lower than the figure for the previous quarter. Other complaints included: legislation on taxes, charges and investment; lack of efficiency in state money management; labour legislation; and poor law enforcement. Very few items recorded improvement: openness of companies concerning information; environmental consciousness; and behaviour towards business partners.

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.

Get daily Slovak news directly to your inbox

Top stories

Cabinet agrees on COVID screening

More details will be presented tomorrow.

Košice

More tips for outings in Bratislava during the lockdown

Walks along the Danube bank offer a feeling of being far from the city rush.

This place, part of Ovsištské Lúky (Ovsište Meadows) in Petržalka, is still Bratislava.

Roundup: Fairytale app that makes children read

An award-winning design by a Slovak architect and a trip to Zádielska dolina valley. Here’s your latest roundup.

A man wearing a face covering sits in an armchair on the snow-covered Main Street in Košice on January 13, 2021.

Police investigate surveillance of journalist, IPI calls for utmost seriousness

Police launch criminal prosecution after Denník N reporter said she was followed and opposition MP Robert Fico wrote about her private life.

l-r: Head of Let's Stop Corruption Foundation Zuzana Petková, journalist Monika Tódová, journalist Adam Valček, and Xénia Makarová of the Let's Stop Corruption Foundation