Leaders In Hospitality CEE & CIS Summit 2017, Prague

DoubleTree hotel (c) The Daily.SK

The Leaders In hospitality CEE & CIS will take place on 5th-6th June. It’s the fifth edition returning to Prague where it was originally launched. Previously, it has been hosted in Warsaw, Budapest and Vienna. It’s a 2-days platform joining the most prominent international hospitality sector decision makers and senior industry professionals from across the [...]

Slovakia Braces for Brexit Blues

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Now that the ‘not-so United’ Kingdom has set the Brexit time bomb ticking, ripples will be felt across Europe with the Slovak Republic expected to suffer badly. Slovakia has risen to the world number one spot in car manufacturing per capita, but as the British isles sail away from mainland Europe, the impact on the [...]

European Investors Request Slovak Government to Reconsider FTT

Bratislava Castle (c) The Daily.SK

European Investors’ Association, which represents retail and institutional investors throughout Europe, has requested the Slovak government to take investors’ interests in Slovakia and within the European into account and lend no further support to the Financial Transaction Tax (FTT). European Investors is deeply worried that a FTT declines return on investment for investors, has a [...]

SARIO Business Summary for January 2017

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TAXES The number of Slovak companies seated in tax havens keeps growing. According to the consulting company Bisnode Slovensko, it has more than tripled since 2005. Ten years ago, over 1,500 Slovak companies were registered in tax havens compared with the current 4,700. E-MOBILITY Slovaks are gradually developing an appetite for electric vehicles. Over the [...]

TheDaily.SK is back!

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After a slowdown in TheDaily.SK service last year, we pick up again in 2017 to provide you with all the latest news and information about life and living in Slovakia. We reach out to all our readers and budding writers also to contribute, whether you have an event, article or interesting story concerning Slovakia. If [...]

Slovak Investment Agency (SARIO) News Briefs

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Economy Economic freedom in Slovakia is improving. This is according to the ranking in the Index of Economic Freedom compiled by nearly a hundred NGOs from around the world led by the Canadian Fraser Institute. Slovakia placed at the 39th place among 159 countries in this ranking. Tourism The number of tourists in Slovakia is [...]

Corporate Criminal Liability Affects Everyone, Even Your Company

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The impact of Act No. 91/2016 Coll. concerning criminal liability of legal entities on business environment is being underestimated. If the topic is interesting at all, most people accept the prevailing opinion that this is just another bureaucratic law that will hardly have any effect, not to say real impact (such as the law on [...]

MP Kissova Wants Flat Rate 15% Tax for Businesses

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The upcoming Slovak parliamentary elections on 5 March will produce no major surprises, as the ruling Smer-SD party with Prime Minister Robert Fico at the helm looks set to grab over 30% of the vote again, while the political right has splintered into fragments. One contender for a place in parliament is former government party [...]

Slovakia Ranked 45th in World on Children’s Access to Justice

Law gavel

Slovakia has been ranked as 45th in the world on how effectively children can use the courts to defend their rights according to new research from Child Rights International Network (CRIN). The new report, ‘Rights, Remedies and Representation’, takes into account whether children can bring lawsuits when their rights are violated, the legal resources available to them, [...]

NBS’s Toth: Short Term Boost From Low Inflation (Exclusive)

Vice-Governor of National Bank of Slovakia, Jan Toth, photo: WBP Online

The current low-inflation environment gives the Slovak economy a short-term boost as an outright deflationary spiral is not expected, National Bank of Slovakia Vice-Governor Jan Toth said in an interview for World Business Press Online. The National Bank of Slovakia (NBS) on Tuesday slightly raised its economic growth outlook for this year, but again lowered [...]

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