The Slovak government should adhere to the plan of this year’s consolidation of public finances and reduce the general government deficit to below three percent of GDP. This is one of the recommendations that the EU Commission published on Wednesday reacting to Slovakia’s National Reform Program.
With regards to consolidation however, Brussels recommends not to eliminate public expenditures that might restrict economic growth. Moreover, it calls on Slovakia to deal with the high unemployment in the country. Lean more in the topical issue after the news.
Katarína Richterová