United States Department of State

Slovakia United States Department of State

The flow of FDI into Slovakia has declined since 2007 due to changes in the government's investment policies which decreased the attractiveness of the business environment. A recent survey conducted by the foreign chambers of commerce in Slovakia concluded that Slovakia is ceding its position as a regional FDI leader to the Czech Republic. The investors criticized Slovakia's tax system, malfunctioning judiciary, and the excess bureaucracy in applying for available EU funding. A low rate of investment in R& D, poor infrastructure, and lack of interest in technical education also threaten Slovakia's position as top FDI destination in the region.