Top Ranked Law Firms: Slovakia

Slovakia: Subsidy for shortened work paid by the state

On 4 May 2021 the Slovak parliament adopted Act No. 215/2021 on compensation for shortened work, widely known as Kurzarbeit (the “Act”). The Act aims to ensure that the state will partially compensate employer costs for employee wage compensation during periods of shortened work caused by external factors (the “Subsidy”). The Act will become effective as of 1 January 2022, as […]

27 Jul 2021
Contributed by Kinstellar

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Banking & Finance

Capital Markets: Debt

Competition / Antitrust

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IP: Contentious

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