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Slovakia May Cut Holidays to Spur Growth , Hospodarske Reports

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May 7 (Bloomberg) -- 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