entrepreneurship

In Slovakia, the minimum wage has become a political evergreen of every autumn. However, its growth has been rapidly increasing in recent years. Moreover, the former Slovak prime minister has proposed a new law, which will set the minimum wage at 60% of an average wage of the previous year.

Ukrainian government needs to take steps to reduce the possibility of hostile takeovers of property and should ensure transparent and lawful conduct of the judicial system and law enforcement agencies. It should also engage Ukrainian business associations in policy making.

This title of this article might ruffle the feathers of all those who think emerging comparisons between Brussels and Moscow are somewhat “crossing the line”. Buckle up, as the following paragraphs will show you why such collations are by no means an exaggeration.

Do not be fooled by the vast yellow fields of rapeseed in Slovakia. The agricultural sector is a zombie, living on subsidies instead of fresh brains. There are a few exceptions (like the successful tomato growers), but the overall numbers are harsh.

How can Slovakia match the technologies of the 21st century with regulation, so that the opportunities will be exploited? It\'s simple. It is not rocket science or a super-secured secret. Just look at what has been done by more than half of the U.S. states.

Paying the advanced tax in Slovakia is a bureaucratic burden, since an entrepreneur has to take care of the regular payments. But there is a bigger problem. An entrepreneur has to pay the advanced tax from her/his current income – but the payment size is set according to her/his last year’s tax.

John Chisholm wrote an inspirational book based on his own business experiences, including his work in the Silicon Valley. In Unleash Your Inner Company, the author explains how to combine passion with perseverance in order to succeed in business, where passion without perseverance \"can be fleeting\".

In October, the USAID Leadership in Economic Governance (LEV) Program held its final event. The project lasted for three years and made an important contribution to the policy of small and medium enterprises (SMEs) development in Ukraine.

The magic of the Harry Potter franchise lies not in all the wand waving, but rather in the strong willingness of the protagonists to fight for liberty. Be it as small as opposing nonsensical school rules, or as grandiose as combatting the authoritarian Ministry of Magic, the main characters are there to step up for their freedoms.

In 2016, the Institute of Economic and Social Studies (INESS) from Slovakia decided to fill the gap and the Bureaucracy Index was born. In collaboration with experts from different areas, INESS identified and analyzed all the administrative tasks that the state requires from a model SME company.