Project HESO - 4th Quarter October - December 2003

4th Quarter OCTOBER - DECEMBER 2003 RATING Quality Importance
Measures Ranked by Rating Values
(i.e. Contribution to the Economic and Social Development)
[-300;300] [ -3; 3 ] %
1. New Act on Income Tax (Introduction of Flat Income Tax - 19%, Higher Tax Deductibles, Lump-Sum Tax Abolished, Introduction of 'Lump-Sum Expenses' for Tradesmen, Tax Assignment - 2%, Extra Tax Rate and Dividends Tax Abolished, Simplified Tax Legislature, Exemptions and Tax Reliefs Minimised) 142,6 1,69 84,4
2. New Act on Companies Register (Certificate of Incorporation within 5 Days, Implementation of Standard Forms, Policy Moved from Judges towards Higher Judicial Officials) 132,8 2,40 55,3
3. Amendment to the Act on Budgetary Rules (Strict Budgetary Restrictions for Budgetary and Semi-Budgetary (Subsidised) Organisations, ESA 95 Methodology for Public Administration Sector, Dissolution of Certain Budgetary Chapters) 132,8 2,28 58,1
4. Amendment to the Act on the Administration of Taxes and Fees (Simplified and Stricter Tax Collection and Administration, Possibility of Tax Declaration by Means of Electronic Devices) 121,8 2,17 56,2
5. Act on Old-Age Pension Savings (Fully-funded Pillar of the Pension Scheme Introduced) 112,3 1,43 78,4
6. Act on Employment Services (New Instruments of Active Policy on the Labour Market - Motivational and Activation Contributions, Employment Services Provided by Private Agencies, Higher Frequency Attendance at Labour Offices for Inactive Unemployed) 96,6 1,74 55,6
7. New Categorisation of Drugs (SKK 1.5bn Savings Expected) 87,1 1,61 54,2
8. 2004 State Budget (State Budgets' Deficit of SKK 78.5bn, Deficit in Public Finances - 3.93% of GDP) 86,1 1,08 80,0
9. Act on the Financing of Primary Schools, Secondary Schools and School Institutions (Pupil-Based Budget, Educational Vouchers to Finance Spare-Time Educational Activity) 84,9 1,49 57,0
10. Act on Electronic Communications (Leading Operators' Compulsory Reference Offer for Network Interconnection with Competitors, Broader Competencies of the Telecommunications Authority of the SR, Simplified Entrance into Telecommunications Market) 84,4 1,65 51,0
11. Amendment to the so-called Large-Scale Privatisation Act (Final Privatisation of so-called Strategic Enterprises Enabled) 81,9 1,34 60,9
12. Act on the Mitigation of Material Distress, Act on Subsistence Minimum, Social Assistance Act Amendment (Stricter Provision of Social Benefits, More Directness to Assistance Provided, Incentive and Activating Allowances, Differentiation in Material Distress for Objective and Subjective Reasons Abolished) 81,2 1,56 52,1
13. Act on Liability for Damage Caused in the Exercise of Public Power (State and Self-Governing Bodies' Liability for Damage Caused by Unfair Decision, Compensation for Damage) 80,3 1,82 44,2
14. Validity of 10 and 20 Heller Coins Terminated 67,7 2,13 31,7
15. Amendment to the Act on Civil Service, Act on Remuneration of Certain Employees for Work in the Public Interest, Act on Performance of the Work in the Public Interest (Tariff Salaries in Public Service Abolished, Point-Based Job Performance Evaluation System in Public Service along with Tariff Salary, Introduction of so-called Nominated Civil Service, Ethics Code, Zero-Tolerance Principle in Corruption) 67,7 1,49 45,5
16. New Act on Public Procurement (Harmonisation with European Union Law, Stricter Conditions on Using Negotiation Process without Making Public, Joint Procurement) 65,9 1,47 45,0
17. Amendment to the Act on Postal Services (Harmonisation with EU Legislation, Liberalisation of the Community Postal Services Market) 63,4 1,61 39,4
18. Amendment to the Act on Administrative Fees (Rates Adjustment, Introduction of Extra Fee for Speeded-up Entry into the Real Estate Cadastre) 52,9 1,19 44,5
19. New Act on Slovak Television (STV) and Act on Slovak Radio (SRo) (Transfer of State-Owned Property Administered by SRo and STV to their Ownership, Entrepreneurial Activities Enabled, Establishment of the Supervisory Committees, General Directors Elected by Councils) 51,2 1,49 34,4
20. Act on Probation and Mediation Officers (Institute of Probation and Mediation Officers Established) 50,9 1,62 31,5
21. New Act on Property Transfer Tax (Flat Rate Tax 3%, Inheritance and Gift Tax Abolished) 47,0 1,08 43,6
22. Four Per Cent Raise in Pensions as of February 2004 (Further Raise in December 2004) 38,0 0,80 47,7
23. National Investment Support Strategy 37,9 0,74 51,3
24. Reduction of Interest Rates by the National Bank of Slovakia (by 0.25 Percentage Points) 34,0 0,81 41,8
25. Act on Regional State Administration Offices and Local State Administration Offices (Structure of 79 District State Administration Offices Abolished, New Organisation of the Local State Administration, Authorities of Specialised Local State Administration Created) 33,7 0,57 59,2
26. New Child Allowance Act (Flat Amount of Child Allowance SKK 500 per Child, Tax Bonus SKK 400 per Child) 33,2 0,71 46,5
27. Health Care Sector Debts to be Settled by State Owned Joint Stock Company Veriteľ 32,8 0,65 50,7
28. Raising Regulated Prices by Regulatory Office for Network Industries 26,1 0,41 63,7
29. Abolishing the Duty for Drivers to Use Winter Tires 12,3 0,38 32,0
30. Sale of Receivables of Slovenská Konsolidačná a.s. (Slovak Consolidation Agency) with Nominal Value SKK 42bn for SKK 862.2m (2.05 Per Cent Return) 8,8 0,26 34,4
31. Establishment of the János Selye University in Komárno -8,0 -0,31 25,4
32. Direct Payments to Slovak Farmers Amounting to 52.5 Per Cent of EU Level -38,7 -0,76 50,7
  RATING of the 4th QUARTER 2003 (passed measures) 64,2    
  RATING of the 3rd QUARTER 2003 (passed measures) 35,9    
Measures of EU
1. Proposal on European Union Guidelines for the Development of the Trans-European Transport Network (Enlargement of the Trans-European Transport Network by the year 2020) 72,7 1,28 57,0
2. Proposal for EU Directive on Takeover Bids (Watered Down Original Proposal to Disable Protection against Takeovers) 8,0 0,18 43,2
3. EU Council Directive on Taxation of Energy Products and Electricity (Introduction of so-called Ecological Tax) 4,7 0,09 53,5
4. Disciplinary Action against France and Germany for Breaking Stability and Growth Pact Suspended by EU Finance Ministers (Germany and France Failed to Reign Budget Deficits within the 3% of GDP) -124,1 -1,99 62,4

Slovak Experts' Committee