April 14, 2010

The quality of business environment in Slovakia continues to worsen in the 4th quarter of 2009

In the last quarter of 2009 the Business Environment in Slovakia has significantly worsened again. Current value of Business Environment Index, that is evaluated by Business Alliance of Slovakia on the basis of results of its own survey, is 97.4 points, which represents a decrease of 3.91% in comparison with the previous period. Value of index is lower than the reference level of 100 points for the first time in its history. This perceived downgrade of business conditions reflects negative effects of crisis on business and also insufficient government activities against crisis and business barriers.