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MEP Ivan Stefanec: Tax reform and privatization necessary to create favorable business environment

MEP Ivan Stefanec: Tax reform and privatization necessary to create favorable business environment

January 24, 2017

To create more favorable business environment, in early 2000s Slovakia introduced tax reform, stabilized currency, improved administration system and also privatized state-owned companies. Ukraine needs to take similar steps, according to Ivan Stefanec, Member of the European Parliament. “I think it’s important really to focus on business environment and to understand that jobs are created by private sector. And this private sector has to have suitable conditions for that,” – Mr. Stefanec said  in the new podcast video of #UkraineReforms series.

Another lesson for Ukraine from Slovakia is a special regime to adopt European legislation, including special session in Parliament focusing on the European legislation. “I think this should be a priority for every parliament, which would like to join European Union. EU means really stability, prosperity and it means peace. I think it’s the most important value, which we are aware of,” – Mr. Stefanec said.

Mr. Stefanec visited Ukraine in December 2016 within the frame of #UkraineReforms project, which was launched in 2014 by Wilfried Martens Center for European Studies in partnership with Kyiv School of Economics, Reanimation Package of Reforms and Stronger Together information campaign to support reforms in Ukraine.