Business environment continues to deteriorate, says PAS

THE QUALITY of Slovakia's business environment deteriorated further over the final quarter of 2013, according to the Slovak Business Alliance (PAS).

THE QUALITY of Slovakia's business environment deteriorated further over the final quarter of 2013, according to the Slovak Business Alliance (PAS).

The pace of deterioration eased and was more moderate compared with the previous four quarters. The current value of the business environment index, prepared based on PAS's own survey, is 66.3 points, the SITA newswire reported.

Compared to the third quarter the index posted a drop of 2.72 percent.

Businesses mostly criticise the low enforceability of law, shortcomings in the application of equality before the law and unstable and nontransparent legislation.

The enforceability of the law and the functionality of the courts posted the most significant drop in the evaluation in the last quarter of 2013.

"The rating of this item has been falling for the fourth consecutive quarter, this time by 8.97 percent," PAS commented, as quoted by SITA. Businesspeople thus see no change in this area.

The application of equality before the law was the second worst evaluated item, with a decrease by 7.8 percent. Entrepreneurs do not like particular measures that only apply to some groups of businesses and thus deform the market and do not contribute to improving the business environment as a whole.

Furthermore, businesspeople point to shortcomings in putting existing legislation in practice.

"The massive criticism of the judiciary continues, despite the fact that lawsuit proceedings became slightly shorter in recent years," claimed project manager of PAS Martin Hassler, as quoted by the TASR newswire. Another issue of the judiciary is the unpredictability of court decisions and the lack of quality monitoring of judges' work.

Source: SITA, TASR

Compiled by Michaela Terenzani from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Gorilla sends Slovaks back to the streets

For a Decent Slovakia protests continued in five locations around Slovakia.

Košice protest on October 18

Nicholson: Only a naive person would believe anything has changed

A former Slovak Spectator and Sme journalist wrote a book about the Gorilla file.

Tom Nicholson

Protests will take place, Pellegrini says Fico can sleep well at night

Read the reactions to the published Gorilla recording.

Smer chair Robert Fico

Two nominees for Record of the Year released within a week

Arguably, only a handful of journalists are likely to hear all 39 hours of Gorilla, but the public will no doubt jump at some sequences.

Protests over the Gorilla scandal drew thousands into Slovakia’s squares.