Among the reasons for Slovakia’s economic malaise is a low level of public investments

Among the reasons for Slovakia’s economic malaise is a low level of public investment. The average gross fixed capital formation of the public sector over the last ten years was only 3.78% of GDP, compared to 4.15% in Czechia, 4.31% in Poland and even 5.23% in Hungary, according to data from the Institute for Strategy and Analyses. Even more worryingly, the level of public investment in Slovakia is declining, partly due to the inability to spend EU funds.

(ISA)