Quality instead of quantity. MPs should think about the laws they submit, businesses say

Laws submitted by MPs evade necessary public discussion and impact studies, harming the business environment.

Slovak parliament, illustrative stock photoSlovak parliament, illustrative stock photo (Source: Sme)

To boost tourism in Slovakia, the government introduced what is known as holiday vouchers. Starting this year, every employer with more than 49 employees must contribute tens to hundreds of euros for a vacation spent in Slovakia.

The vouchers, introduced upon the initiative of the junior coalition Slovak National Party (SNS) to aid local tourism, sparked several controversies. One was that the initiative was submitted as a parliamentary proposal by a group of SNS MPs, thus circumventing an interdepartmental review.

It is just one example of how politicians pass unpredictable legislation with a negative impact on the business environment, businesses believe.

“There’s nothing worse for entrepreneurs than dealing with unexpected costs they couldn’t incorporate into the prices of their products or services,” Peter Serina, CEO of the Business Alliance of Slovakia (PAS), told The Slovak Spectator.

The unpredictable legislation harms Slovakia and may even threaten its competitiveness, representatives of businesses agree. In their opinion, the laws should be predictable and transparent, and the politicians who submit them should consider quality over quantity.

Related articleFuture economic crisis should not affect US investment Read more 

MPs proposals pose problems

The clarity, usability and stability of laws, along with bureaucracy, are among the top barriers to doing business in Slovakia, as stems from the recent Business Environment Index survey carried out by PAS.

The European Commission also warns that Slovakia’s business environment is slowly losing ground. Apart from worsening performance in international rankings, European investors point to, among other things, the low legal certainty, as the European Commission wrote in the Country Report Slovakia 2019.

“The lack of predictability and quality of legislation are also a concern for businesses,” the report reads.

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

Get daily Slovak news directly to your inbox

Top stories

News digest: What Jankovská said and Kollár goes home amid scandal

Nationwide testing put on hold. Speaker of parliament received visitors in hospital despite a ban. Foreigners' Police change office hours around Christmas.

Speaker of Parliament Boris Kollár

Jankovská admitted to her relationship with Kočner. She also mentioned Fico

Former state secretary of the Justice Ministry started cooperating with the investigators after months in pre-trial custody for corruption-related crimes.

Monika Jankovská

Pass a Slovak language dictation so you can work with foreigners

The draft migration policy proposal is out. Where does a foreigner find the official, certified list of cultural realities and traditions they are supposed to respect?

Some problems with the Foreigners’ Police continue.