On Monday, the European Commission published new recommendations for EU countries. Slovakia should focus on tax policy changes in the coming period, continue the implementation of the Recovery and Resilience Plan, and complete preparations for the 2021-2027 programming period. According to the head of the European Commission Representation in Bratislava, Vladimír Šucha, the Eurocommission recommends that Slovakia streamline its tax mix – in particular the environmental tax – and strengthen tax discipline. Slovakia should reduce its overall dependence on fossil fuels, especially natural gas. At the same time, it should diversify imports and accelerate the deployment of renewable energy sources. According to the EC, in economic terms Slovakia is reaching pre-pandemic levels. Its GDP growth will be 2.3% in 2022 and 3.6% in 2023. However, Hungary, Poland and Slovenia are recording higher GDP growth. Šucha also pointed to the fact that Slovakia has been lagging behind since 2015 and its standard of living is only at 78-82 per cent of the EU average.
Source: TASR
