Slovakia will have to take a closer look at its tax structure as the country’s deficit rises steeply due to the impact of the economic crisis, said Slovakia’s finance minister.

Jan Pociatek said that Slovakia, one of central Europe’s flat tax pioneers with a general rate of 19 per cent rate, has one of the EU’s lowest levels of tax as a proportion of gross domestic product. “This fact will have to be considered in the future,” he said in an interview with the Financial Times.