Description
The flow of FDI into Slovakia has declined since 2007 due to changes in the government’s investment policies which decreased the attractiveness of the business environment. A recent survey conducted by the foreign chambers of commerce in Slovakia concluded that Slovakia is ceding its position as a regional FDI leader to the Czech Republic. The investors criticized Slovakia’s tax system, malfunctioning judiciary, and the excess bureaucracy in applying for available EU funding. A low rate of investment in R&D, poor infrastructure, and lack of interest in technical education also threaten Slovakia’s position as top FDI destination in the region.
