Slovakia proves itself once again in 2015
Date
1/27/2016 2:00:39 AM
The European republic's Economy did well despite the lengthy global slowdown over the previous year, thanks to its solid structural regulations and developed political reforms.
More than 75pct of Slovakian exports went to, and more than 50pct of Slovakian imports came from, other European Union member states, and being an EU member helped it a lot.
Moreover, Unemployment, peaking at 19 percent at the end of 2014, decreased substantially to 7.5 percent at the end of last year according to the Statistical Office of the Slovak Republic.
Slovakia is an attractive target for foreign investors mainly due to its low wages, low tax rates and well educated labor force, plus has been pursuing a policy of encouraging foreign investment.
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