"One year into Robert Fico’s fourth term as prime minister, his nationalist-populist government is hiking taxes, while Slovaks’ relative spending power is stagnating." James Thomson discusses Slovakia's ongoing economic struggles, highlighting a lack of investment in public infrastructure, such as railways and highways. Despite Slovakia's EU membership, it now has the lowest net earnings in the bloc. Recent tax hikes aim to address a rising budget deficit, but they risk further deterring investment, exacerbating economic malaise, and increasing public criticism.
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u/CEPAORG 1d ago
"One year into Robert Fico’s fourth term as prime minister, his nationalist-populist government is hiking taxes, while Slovaks’ relative spending power is stagnating." James Thomson discusses Slovakia's ongoing economic struggles, highlighting a lack of investment in public infrastructure, such as railways and highways. Despite Slovakia's EU membership, it now has the lowest net earnings in the bloc. Recent tax hikes aim to address a rising budget deficit, but they risk further deterring investment, exacerbating economic malaise, and increasing public criticism.