Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Slovakia 36th in economic freedom

SLOVAKIA placed 36th in the Index of Economic Freedom out of the 152 countries that participated in the ranking.

SLOVAKIA placed 36th in the Index of Economic Freedom out of the 152 countries that participated in the ranking.

“Slovakia’s performance has improved by 0.04 points compared to the last comparison made in 2010; it wasn’t enough to move higher in the ranking,” the F. A. Hayek Foundation non-governmental think tank informed, as reported by the SITA newswire.

The F. A. Hayek Foundation cooperates on conducting the index with other NGOs gathered within the Economic Freedom Network led by the Canada-based Fraser Institute.

Slovakia ranked best in the area of currency stability (15th), as well as in freedom of international trade (17th). Slovakia’s lowest ranking (63rd) was in the area of judiciary and protection of ownership rights.

Hong Kong continues to top the ranking, while Myanmar and Venezuela share the bottom position.

Top stories

The art of baking Bratislava rolls Photo

Vienna has Sacher torte, Budapest has Somlói galuska and Bratislava has rolls

Ján Šimunek loves Bratislava rolls, especially those filled with poppy seed.

Parties only protect their market share

Rent seeking behavior and a code of loyalty are not the ways to operate a successful democratic political party.

Interior Minister Robert Kaliňák

Fifth ice cathedral open to visitors Photo

The ice cathedral in the High Tatras will be open during the whole winter season.

Slovak wines in museum of world wines Photo

Slovak winemakers gifted 336 bottles to the museum.