BRATISLAVA, August 31, (WEBNOVINY) — The Economy Ministry has divided Slovak regions into five zones, depending on the average registered unemployment rate. The ministry is to distribute investment stimuli to investors based on these zones. According to the draft Cabinet regulation, an investor who decides to invest in industrial production and tourism in a district where the average unemployment rate is below the average unemployment rate in Slovakia will not be entitled to investment stimuli in the form of subsidies for purchased long-term movable or immovable assets, or to subsidies for created jobs.
The Economy Ministry has divided Slovakia into zones “A” to “E”. The “A” zone is to cluster regions with unemployment rate over 150.01 percent of the average joblessness rate in Slovakia. The “B” zone is to have districts with unemployment reaching from 125.01 to 150 percent of the Slovak average, the “C” zone from 100.1 percent to 125 percent, and the “D” zone with unemployment rate from 75.01 percent to 100 percent. Regions with unemployment below 75 percent of the average unemployment rate in Slovakia will belong in the “E” zone.
SITA
