Support measures for small and medium-sized enterprises in Slovakia in response to COVID-19
Journal: European Scientific e-Journal (Vol.10, No. 4)Publication Date: 2021-03-02
Authors : Belanova K.;
Page : 17-26
Keywords : SMEs; support measures; coronavirus crisis; covid-19;
Abstract
The current coronavirus crisis represents a severe external shock that threatens especially small and medium-sized enterprises. In their case, measures related to saving of human lives sometimes have an existential impact. Due to the economic and social importance of small and medium-sized enterprises for the Slovak economy, it is necessary to carefully monitor the impact of the crisis on small and medium-sized enterprises and to develop measures to its mitigation and fast recovery. The aim of the article is to evaluate the measures to help SMEs in the Slovak Republic through a comparison with selected EU countries and to evaluate the financial impact of these measures on the Slovak economy. To evaluate the measures to help small and medium-sized enterprises in the Slovak Republic due to COVID-19 pandemic, it was used a method of comparison, i.e., the measures taken in the SR with selected EU countries compared. The financial impact of these measures on the Slovak economy in a way of adjustment of public revenues and public expenditures was analyzed. The materials of the article are intended for economists who study national and regional economic structures and markets.
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Last modified: 2021-05-06 21:27:31