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Economy - overview:
Slovakia has mastered much of the difficult transition from a centrally planned economy to a modern market economy. The DZURINDA government made excellent progress during 2001-04 in macroeconomic stabilization and structural reform. Major privatizations are nearly complete, the banking sector is almost completely in foreign hands, and the government has helped facilitate a foreign investment boom with business-friendly policies, such as labor market liberalization and a 19% flat tax. Foreign investment in the automotive sector has been strong. Slovakia's economic growth exceeded expectations in 2001-05, despite the general European slowdown. Unemployment, at an unacceptable 15% in 2003-04, dropped to 11.5% in 2005, but remains the economy's Achilles heel. Slovakia joined the EU on 1 May 2004. |
Trade Fairs,
Exhibitions, Conferences: |
Incheba Expo Bratislava, a.s.
Exhibition and fair organizer in the city of Bratislava, the capital of Slovakia. The fair programme is oriented to such areas as construction, tourism, gastronomy, chemical industry, automobile industry, cosmetics, fashion, medical equipment and arts. |
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