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ARTICLE · 09 JUNE 2020

Changes To Economic First Aid Measures In Slovakia: A ‘Catch-23'?

As we informed you in our previous article about the Slovak version of ‘Catch-22', the Slovak government has adopted several financial measures to support employees...

SlovakiaCoronavirus (COVID-19)
Marek Bugan (Nitschneider & Partners)
Marek Bugan (Nitschneider & Partners)

As we informed you in our previous article about the Slovak version of 'Catch-22', the Slovak government has adopted several financial measures to support employees, entrepreneurs, and the self-employed in an effort to mitigate the negative economic consequences of the Covid-19 outbreak. However, as these measures have begun to be put into practice, several changes and clarifications were needed.

We have summarised these for you below from the point of view of employers (effective from 17 May 2020). Details of the Schemes are provided in the previous article, here. 

1. Limit on the amount of the flat contribution per employee

(Scheme 3B, i.e.a flat contribution for part of each employee's wage costs depending on the decrease in revenue)

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