Slovakia is currently at the intersection because it has been exhausted by the current economic model, which was aimed at creating values at cheap labor. He said it Deputy Prime Minister for the Plan of Renewal and Knowledge Economy Peter KMEC (Voice-SD) at the discussion event of the American Chamber of Commerce (Amcham) dedicated to the increase in the competitiveness of businesses in Slovakia.
“This concept has been exhausted, so Slovakia is also trapped in the middle income. Thanks for the middle income, because Slovakia was a very low -threshold economy. However, we have reached the level of moderate income, but we are trapped, we cannot go further with this structure of economy and industry. We have to switch to the innovative industry, to the innovative economy. The question of competitiveness, education, investments with higher added value is therefore very important, ” Kmec approached.
He recalled that the renewal plan is basically about green and digital transformation and preparation of Slovakia to overcome not only the crises that have affected it in recent years, but also the need to prepare for new challenges.
Finance Minister Ladislav Kamenický (Smer-SD) He underlined that it is very important to talk about energy prices in the debate on competitiveness. “This is a very fundamental thing for Slovakia. I am glad that the Slovak Republic has nuclear energy, it was once very recognized, today it is preferred,” noted.
According to Kamenický, nuclear power is not only interesting, but it is also a reliable and stable source of energy. “Few realize that artificial intelligence consumes a large amount of energy and also needs a stable supply of electricity,” underlined.
At the same time, he pointed out that when increasing competitiveness, the so -called. Simplification of the economy, ie removing the bureaucratic burden and simplifying the rules. “I think that the European Union has made a number of bad decisions and we are suffering today. So I am clearly for the removal of the bureaucratic burden, ” The Minister of Finance added.
“The third thing I would like to mention is the Union of Capital Markets. Small enterprises in Slovakia or Europe are mainly financed by bank loans. And as far as the United States is concerned, small businesses are financed mainly by means of capital markets, on stock exchanges, ”added Kamenický.
