Dun&Bradstreet's (D&B) December report keeps Slovenia firmly at the top in the region, with the country's ratings still bearing a growth sign
Dun&Bradstreet's (D&B) December report keeps Slovenia firmly at the top in the region, with the country's ratings still bearing a growth sign.
The report points to Slovenia's relatively good score on Transparency International's Corruption Perceptions Index. The score reflects the relatively good business environment in the country, the report says.
D&B goes on to say that the Slovenian government adopted the Reform Programme for the Implementation of the Lisbon Strategy in Slovenia in November after asking for an extension so that the document could be brought in line with the reform proposals drafted by the government reform committee.
Reviewing the reform proposals, the rating firm says that the streamlining of the tax code is among the most important measures being proposed by the reform team. Apart from flat tax, D&B points to the gradual phasing out of payroll tax as a key measure for greater economic efficiency.
According to the report, concerns that the "removal of the payroll tax would fuel wage inflation are probably overdone, as competitive market pressures force firms to keep costs low".
Source: Slovene Press Agency STA