D. Saková: Government presents first package of stabilization measures to support the business environment, investment, and competitiveness

The Ministry of Economy of the Slovak Republic continues to implement measures aimed at supporting the economy, strengthening competitiveness, and improving the business environment. It is submitting to the Slovak Government the first package of stabilization measures to reduce administrative burdens that will have no impact on the state budget.

The proposed bill, together with a package of specific measures, aims to improve the conditions for doing business, reduce costs for companies, and help stabilize the business environment. At the same time, these measures are intended to lay the foundations for sustainable economic growth in the years ahead. The proposals were developed in consultation with representatives of employers, the business community, industry associations, professional organizations, and other key economic stakeholders.

“Slovakia is currently facing intense international competition, high energy prices, and geopolitical uncertainty. The proposed measures are designed to reduce the administrative and cost burdens on businesses, encourage investment, and create a more favorable environment for business development. This is the first package of pro-growth measures aimed at strengthening the competitiveness of the Slovak economy,” said Denisa Saková, Deputy Prime Minister and Minister of Economy of the Slovak Republic.

As part of this package, the Ministry of Economy is proposing a total of 49 specific stabilization measures:

• a draft law containing 11 measures focused on improving the business environment and the energy sector, including a measure to reduce the excise tax on electricity for industrial consumers;
• an additional 32 measures to be implemented by individual ministries by the end of 2026, based on specific tasks and deadlines approved by a resolution of the Slovak Government; 
• six measures that are already in the legislative process and are currently being considered by the National Council of the Slovak Republic.

The original package of 54 measures also included proposals related to business licensing, simplifying administrative procedures for changing a company’s registered office—including the renewal of technical inspection certificates for company vehicles—as well as simplifying the employment of workers from third countries and the recognition of professional qualifications.

Given their complexity and the need for broader interministerial coordination, these measures require additional time for technical preparation, consultations with social partners, and the necessary adjustments to information systems. The relevant ministries will therefore finalize them as part of the next phase of the reform process.

The Government has also prepared a separate package of pro-growth measures that originally formed part of the Stabilization Framework. However, their implementation will require additional financial resources and will only be possible following the preparation and approval of the state budget. As these measures have significant budgetary implications, sufficient fiscal space will need to be created before they can be implemented.

The Press Department of MoE SR