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The dissolution of the Austro-Hungarian Empire at the close of World War I allowed the Slovaks to join the closely related Czechs to form Czechoslovakia. Following the chaos of World War II, Czechoslovakia became a Communist nation within Soviet-dominated Eastern Europe. Soviet influence collapsed in 1989 and Czechoslovakia once more became free. The Slovaks and the Czechs agreed to separate peacefully on 1 January 1993. Slovakia joined both NATO and the EU in the spring of 2004 and the euro area on 1 January 2009.
party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
signed, but not ratified:
none of the selected agreements
ratified 1 September 1992, effective 1 January 1993; changed in September 1998; amended February 2001
note:the change in September 1998 allowed direct election of the president; the amendment of February 2001 allowed Slovakia to apply for NATO and EU membership
civil law system based on Austro-Hungarian codes; accepts compulsory ICJ jurisdiction with reservations; legal code modified to comply with the obligations of Organization on Security and Cooperation in Europe (OSCE) and to expunge Marxist-Leninist legal theory
chief of state: President Ivan GASPAROVIC (since 15 June 2004)
head of government:
Prime Minister Robert FICO (since 4 July 2006); Deputy Prime Ministers Dusan CAPLOVIC, Robert KALINAK, Stefan HARABIN, Jan MIKOLAJ (since 4 July 2006)
cabinet:
Cabinet appointed by the president on the recommendation of the prime minister
elections:
president elected by popular vote for a five-year term (eligible for a second term); election last held 21 March and 4 April 2009 (next to be held no later than April 2014); following National Council elections, the leader of the majority party or the leader of a majority coalition is usually appointed prime minister by the president
election results:
Ivan GASPAROVIC reelected president in runoff; percent of vote - Ivan GASPAROVIC 55.5%, Iveta RADICOVA 44.5%
unicameral National Council of the Slovak Republic or Narodna Rada Slovenskej Republiky (150 seats; members are elected on the basis of proportional representation to serve four-year terms)
elections:
last held 17 June 2006 (next to be held in 2010)
election results:
percent of vote by party - Smer 29.1%, SDKU 18.4%, SMK 11.7%, SNS 11.7%, LS-HZDS 8.8%, KDH 8.3%, other 12%; seats by party - Smer 50, SDKU-DS 31, SMK 20, SNS 19, LS-HZDS 16, KDH 14; note - seats by party as of December 2008 - Smer 50, SDKU-DS 28, SMK 20, SNS 19, LS-HZDS 15, KDH 9, nonaffiliated 9
Supreme Court (judges are elected by the National Council); Constitutional Court (judges appointed by president from group of nominees approved by the National Council); Special Court (judges elected by a council of judges and appointed by president)
parties in the Parliament:: Christian Democratic Movement or KDH [Pavol HRUSOVSKY]; Direction-Social Democracy or Smer-SD [Robert FICO]; Party of the Hungarian Coalition or SMK [Pal CSAKY]; People's Party - Movement for a Democratic Slovakia or LS-HZDS [Vladimir MECIAR]; Slovak Democratic and Christian Union-Democratic Party or SDKU-DS [Mikulas DZURINDA]; Slovak National Party or SNS [Jan SLOTA]
selected parties outside the Parliament::
Agrarian Party of the Provinces or ASV [Vladimir GOZORA]; Alliance of the New Citizen or ANO [Pavol RUSKO]; Civic Conservative Party or OKS [Peter ZAJAC]; Free Forum [Zuzana MARTINAKOVA]; Mission 21 - New Christian Democracy or MISIA 21 [Ivan SIMKO]; Movement for Democracy or HZD [Jozef GRAPA]; Party of the Democratic Left or SDL [Ladislav KOZMON]; Prosperita Slovenska or PS [Frantisek A. ZVRSKOVEC]; Slovak Communist Party or KSS [Jozef HRDLICKA]; Slovak People's Party or SLS [Jozef SASIK]; Union of the Workers of Slovakia or ZRS [Jan LUPTAK]
Association of Towns and Villages or ZMOS; Confederation of Trade Unions or KOZ; Entrepreneurs Association of Slovakia or ZPS; Federation of Employers' Associations of the Slovak Republic; National Union of Employers or RUZ; Slovak Chamber of Commerce and Industry or SOPK; The Business Alliance of Slovakia or PAS
three equal horizontal bands of white (top), blue, and red superimposed with the coat of arms of Slovakia (consisting of a red shield bordered in white and bearing a white Cross of Lorraine surmounting three blue hills); the coat of arms is centered vertically and offset slightly to the hoist side
Slovakia has made significant economic reforms since its separation from the Czech Republic in 1993. Reforms to the taxation, healthcare, pension, and social welfare systems helped Slovakia to consolidate its budget and get on track to join the EU in 2004 and to adopt the euro in January 2009. Major privatizations are nearly complete, the banking sector is almost entirely in foreign hands, and the government has helped facilitate a foreign investment boom with business friendly policies such as labor market liberalization and a 19% flat tax. Foreign investment in the automotive and electronic sectors has been strong. Slovakia's economic growth exceeded expectations in 2001-08 despite the general European slowdown. Unemployment, at an unacceptable 18% in 2003-04, dropped to 8.4% in 2008 but remains the economy's Achilles heel. Despite its 2006 pre-election promises to loosen fiscal policy and reverse the previous DZURINDA government's pro-market reforms, FICO's cabinet has thus far been careful to keep a lid on spending in order to meet euro adoption criteria and has focused on regulating energy and food prices instead. The OECD expects Slovakia's GDP growth to be positive in 2009.
note:this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks from the euro area; as of 1 January 2009 Slovakia became a member of the Economic and Monetary Union (EMU)
note:this figure represents the US dollar value of Slovak koruny in circulation prior to Slovakia joining the Economic and Monetary Union (EMU); see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
metal and metal products; food and beverages; electricity, gas, coke, oil, nuclear fuel; chemicals and manmade fibers; machinery; paper and printing; earthenware and ceramics; transport vehicles; textiles; electrical and optical apparatus; rubber products
general assessment: Slovakia has a modern telecommunications system that has expanded dramatically in recent years with the growth in cellular services
domestic:
analog system is now receiving digital equipment and is being enlarged with fiber-optic cable, especially in the larger cities; 3 companies provide nationwide cellular services
international:
country code - 421; 3 international exchanges (1 in Bratislava and 2 in Banska Bystrica) are available; Slovakia is participating in several international telecommunications projects that will increase the availability of external services
bilateral government, legal, technical and economic working group negotiations continued in 2006 between Slovakia and Hungary over Hungary's completion of its portion of the Gabcikovo-Nagymaros hydroelectric dam project along the Danube; as a member state that forms part of the EU's external border, Slovakia has implemented the strict Schengen border rules
The online Factbook is updated bi-weekly. ISSN 1553-8133
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