The Slovak Republic Ministry of Finance has announced the presentation of over 100 possible measures for the recovery of public finances, including several tax measures. Some of the main measures include:

• Increasing the standard VAT rate from 20% to 22%;
• Abolishing the reduced VAT rates for:
  • foodstuffs;
  • gastronomy, recreation, and sports events;
  • books, newspapers, and music;
  • registered socia…