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Chamber of Commerce and Industry on the Decrease of Economic Activities and the Introduction of VAT

Following the improved performance of the Slovene companies in the past year, the Slovene Chamber of Commerce and Industry (GZS) established that the data regarding this year's economy are worse; due to the change of the situation within the international framework the estimate of the growth of the gross domestic product (GDP) in 1999 also fell from 4 percent to 3.5 percent. GZS focussed at its Wednesday session on the preparedness of the companies and the state before the introduction of the value added tax (VAT).

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© STA, 1999