The economy's competitiveness will not improve without reform

In the current competitiveness ranking of the Swiss Institute for Management Development, the Slovak economy fell by six places to 59th place out of 67 evaluated countries. Neither the business associations nor the economists expect an advance to higher positions in the near future. According to them, the stagnation will continue and a turnaround can only be brought about by systemic changes and reforms. However, they direct their criticism for the current state more at the previous than at the current government.

The Secretary General of the Association of Industrial Unions and Transport, Andrej Lasz, sees the main cause of the current state especially in the spontaneous submission of dozens of MPs' legislative proposals with a fundamental negative impact on the business environment. „We have repeatedly pointed out that circumventing the standard legislative process and adopting laws without discussion in a shortened legislative procedure is inadmissible, irresponsible and harms our country,“ Lasz emphasised. According to him, the trend can be reversed by a renewed return to social dialogue and by ensuring a stable business environment.