Investor confidence in Slovakia continues to erode

Foreign investors in Slovakia rate the tax burden with a grade of 4.05 (on a scale of 1-5, with 5 being the worst), a regular survey by foreign chambers of commerce showed. For taxes, this is the worst grade in the history of the surveys. Investors rate the fight against corruption (4.39) and economic policy predictability (4.16) even worse. EU membership (1.64), communications, network quality and services (2.34), and the quality and availability of local suppliers (2.52) remain the best rated. The share of companies willing to continue investing here dropped from 83% to 59% over five years. The share of companies that would no longer invest in Slovakia rose from 18% to 41%. (dennikN.sk) Only 4% view the current economic situation in Slovakia as good, while 61% describe it as bad. The outlook is even more pessimistic, with 77% expecting it to worsen further.

(trend.sk)