Slovakia : the country will lose competitiveness in the coming years

Publication

12 April 2006 à 10h08

Updated on 24 March 2013 à 16h10

Reading time

1 minute

Publication: 12 April 2006 à 10h08, Updated on 24 March 2013 à 16h10

Reading time: 1 minute

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Labor costs in 2010 could match those of Western Europe, and make some investors leave the country. (Réf. 06357)
Publication

12 April 2006 à 10h08

Updated on 24 March 2013 à 16h10

Reading time

1 minute

Publication: 12 April 2006 à 10h08, Updated on 24 March 2013 à 16h10

Reading time: 1 minute

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The Slovak Deputy Prime Minister for European Integration, Human Rights and Minorities, Pal Csaky, said that Slovakia will lose its advantage of cheap labor before 2010. The Slovak news agency TASR quoted the deputy prime minister who said during a March bilateral conference on sustainable economic growth in Slovakia and the Czech Republic that growth of economy and exports are guaranteed in Slovakia until 2008. According to Csaky, after that, a period of stagnation will come. After 2010...

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