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Slovakia: New Burden for Insurance Industry
Politics ♦
Published: October 21, 2013; 07:20 ♦ (Vindobona)

The Slovak government extends special taxes for companies operating regulated sectors. The bank tax will be abolished in the course of the next years.

Prime Minister Fico emphasized that austerity measures are a priority for the Slovak government. After a budget deficit of 4.3% in 2013, Slovakia´s government wants to lower the budget gap to 3.0% of GDP. Due to the promising economic frame conditions, Slovakia´s government may actually reach this objective.
Like other smaller and open countries in Central and Eastern Europe,…
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