Economic Overview

On 14 September, Sonja Šmuc, Executive Director of the Managers' Association, was appointed as the new Director General of the Chamber of Commerce and Industry (GZS).

Šmuc, who is succeeding long-standing GZS boss, Samo Hribar Milič, said upon confirmation of her four-year term by the Chamber's Executive Board, that GZS needs to serve as a cornerstone in efforts to raise everyone's quality of life. Šmuc feels that bureaucracy and excessive regulation come at a price that has a significant impact on a country's competitiveness. She is proposing a pact by all stakeholders, to pursue the joint goal of raising added value per employee by 30 percent to 45 percent by 2025. Šmuc expects a constructive attitude from the trade unions with whom talks will be held on health reform and older workers, while the primary focus areas for cooperation with the government will be the tax...