Confidence among European investors in Slovakia is deteriorating for a second consecutive year, with many expressing concern over the country’s economic policy, sluggish demand, and a deepening labour shortage, according to a new survey of nearly 100 firms conducted in March.
Only 3 percent of companies rated Slovakia’s current economic situation as good, while 41 percent described it as poor. The outlook is equally grim: a net balance of –64 percentage points reflects the gap between optimistic and pessimistic views of the country’s economic trajectory.
The dominant concern, however, is the country’s economic policy framework. Nearly 60 percent of respondents cited regulatory uncertainty and tax burdens as the most significant risks to growth.
Source: The Slovak Spectator