Slovakia May Cut Holidays to Spur Growth , Hospodarske Reports

The Slovak government may eliminate one of the 15 national holidays to spur economic growth, Hospodarske Noviny reported, citing premier Robert Fico.

Such a move would favor companies, so the government would introduce the measure in exchange for employers’ consent to a higher income-tax rate, the newspaper quoted Fico as saying.

To contact the reporter on this story: Radoslav Tomek in Bratislava at rtomek@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.