August 10, 2010

The quality of business environment in Slovakia continues to worsen in the 2nd quarter of 2010

In the second quarter of 2010 the Business Environment in Slovakia has worsened again. Current value of Business Environment Index, which is prepared by the Business Alliance of Slovakia on the basis of results of its own survey, is 91.5 points, which represents a decrease by 2.61% in comparison with the previous period. Value of index is lower than the reference level of 100 points since the last quarter of 2009. This perceived downgrade of business conditions reflects negative effects of crisis on business and also insufficient government activities against crisis and against business barriers.