Slovakia: Investor confidence on the rise

Slovakia's economy is weaker than that of its neighbour, the Czech Republic. But investor confidence in the country is growing fast.

27th November, 2004

Slovakia's economy is weaker than that of its neighbour, the Czech Republic. But investor confidence in the country is growing fast, helped by predictions that Slovakia will have the highest per capita level of car production in the world by 2006.

Slovakia's proximity to the markets of western Europe is an advantage. Its capital, Bratislava, is only 40 miles from Vienna, for example.

Slovakia recently introduced a 19 per cent flat rate on corporate and personal income...

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