The Slovenia Times

GZS to Present New Set of Measures for Small Business



This year's AgendaMG list has three main goals: the tackling of the employment and credit crunch for small business, the raising of the share of small companies in export and a more effective legislation and administration with less red tape.

The ten key measures include laxer conditions for gradual deleveraging and more incentives for ownership financing directly via state institutions such as the Slovenian Enterprise Fund and the SID development bank or indirectly via venture capital funds for instance.

Moreover needed are access to working capital through the Enterprise Fund, labour tax breaks in cases of high real estate taxation, an overhaul of lump-sum taxation policies and less red tape.

The GZS, which warned last year that fast and effective measures are necessary, has expressed disappointment with the government's implementation of the 2013 AgendaMG.

The government included 20 of the 34 measures proposed in its programme, but the GZS says that only three have been executed fully and 13 partially. The fight against the grey economy and labour market reform are among the measures the chamber says have not been fully implemented.


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