ECONOMIC DATA
Property sales in Slovakia

Euroburo Ltd
An English registered company with representation in six European countries
 

Properties for sale in
Austria   Slovenia Flag of Hungary Hungary  Croatia Slovakia

 

 

 

HOME
AREA MAPS
LOCAL TOWNS
OUR OPINION
TOURIST INFO
BRATISLAVA
POPRAD
SKIPARK RUZOMBEROK
ECONOMIC DATA
CONTACT US

 

Return to main
Euroburolimited
website

 

 

 

 

HAVE YOU A
PROPERTY TO
SELL OR RENT ?
CLICK HERE

 

BACK TO
MAIN EUROBURO WEBSITE

FOR PROPERTIES IN AUSTRIA HUNGARY SLOVENIA & CROATIA

 

Slovakia

Republic of Slovakia

 

President: Ivan Gasparovic (2004)

Prime Minister: Mikulás Dzurinda (1998)

Area: 18,859 sq mi (48,845 sq km)

Population (2005 est.): 5,431,363 (growth rate: 0.2%); birth rate: 10.6/1000; infant mortality rate: 7.4/1000; life expectancy: 74.5; density per sq mi: 288

Capital and largest city (2003 est.): Bratislava, 428,800

Other large city: Kosice, 233,600

Monetary unit: Koruna

Languages: Slovak (official), Hungarian

Ethnicity/race: Slovak 85.7%, Hungarian 10.6%, Roma 1.6%, Czech, Moravian, Silesian 1%, Ruthenian and Ukrainian 0.6%, German 0.1%, Polish 0.1%, other 0.2% (1996)

Religions: Roman Catholic 60.3%, atheist 9.7%, Protestant 8.4%, Orthodox 4.1%, other 17.5%

Literacy rate: n.a

Economic summary: GDP/PPP (2004 est.): $78.89 billion; per capita $14,500. Real growth rate: 5.3%. Inflation: 7.5%. Unemployment: 13.1%. Arable land: 30%. Agriculture: grains, potatoes, sugar beets, hops, fruit; pigs, cattle, poultry; forest products. Labor force: 2.2 million (3rd qtr., 2004 est.); agriculture 5.8%, industry 29.3%, construction 9%, services 55.9% (2003). Industries: 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. Natural resources: brown coal and lignite; small amounts of iron ore, copper and manganese ore; salt; arable land. Exports: $29.25 billion (f.o.b., 2004 est.): vehicles 25.9%, machinery and electrical equipment 21.3%, base metals 14.6%, chemicals and minerals 10.1%, plastics 5.4%. Imports: $29.67 billion (f.o.b., 2004 est.): machinery and transport equipment 41.1%, intermediate manufactured goods 19.3%, fuels 12.3%, chemicals 9.8%, miscellaneous manufactured goods 10.2% (2003). Major trading partners: Germany, Czech Republic, Austria, Italy, Poland, U.S., Hungary, Russia (2003).

Communications: Telephones: main lines in use: 1,934,558 (1998); mobile cellular: 736,662 (April 1999). Radio broadcast stations: AM 15, FM 78, shortwave 2 (1998). Radios: 3.12 million (1997). Television broadcast stations: 38 (plus 864 repeaters) (1995). Televisions: 2.62 million (1997). Internet Service Providers (ISPs): 6 (2000). Internet users: 700,000 (2000).

Transportation: Railways: total: 3,668 km (2002). Highways: total: 42,717 km; paved: 37,036 km (including 296 km of expressways); unpaved: 5,681 km (2000). Waterways: 172 km on the Danube. Ports and harbors: Bratislava, Komarno. Airports: 37 (2002).

International disputes: small boundary changes made with Poland in 2003; Hungary has yet to amend status law extending special social and cultural benefits to ethnic Hungarians in Slovakia, who protest the law.

 

Flag of Slovakia

Geography

Slovakia is located in central Europe. The land has rugged mountains, rich in mineral resources, with vast forests and pastures. The Carpathian Mountains dominate the topography of Slovakia, with lowland areas in the southern region. Slovakia is about twice the size of the state of Maryland.

Government

Parliamentary democracy.

History

Present-day Slovakia was settled by Slavic Slovaks about the 6th century. They were politically united in the Moravian empire in the 9th century. In 907, the Germans and the Magyars conquered the Moravian state, and the Slovaks fell under Hungarian control from the 10th century up until 1918. When the Hapsburg-ruled empire collapsed in 1918 following World War I, the Slovaks joined the Czech lands of Bohemia, Moravia, and part of Silesia to form the new joint state of Czechoslovakia. In March 1939, Germany occupied Czechoslovakia, established a German “protectorate,” and created a puppet state out of Slovakia with Monsignor Josef Tiso as premier. The country was liberated from the Germans by the Soviet army in the spring of 1945, and Slovakia was restored to its prewar status and rejoined to a new Czechoslovakian state.

After the Communist Party took power in Feb. 1948, Slovakia was again subjected to a centralized Czech-dominated government, and antagonism between the two republics developed. On Jan. 1969, the nation became the Slovak Socialist Republic of Czechoslovakia.

Nearly 42 years of Communist rule for Slovakia ended when Vaclav Havel became president of Czechoslovakia in 1989 and democratic political reform began. However, with the demise of Communist power, a strong Slovak nationalist movement resurfaced, and the rival relationship between the two states increased. By the end of 1991, discussions between Slovak and Czech political leaders turned to whether the Czech and Slovak republics should continue to coexist within the federal structure or be divided into two independent states.

After the general election in June 1992, it was decided that two fully independent republics would be created. The Republic of Slovakia came into existence on Jan. 1, 1993. The Parliament in February elected Michal Kovac as president.

Populist Vladimir Meciar, who served three times as Slovakia's prime minister, exhibited increasingly authoritarian behavior, and was cited as the reason Slovakia was eliminated from consideration for both the EU and NATO. Slovakia's very low influx of foreign capital during Meciar's tenure was the result of his government's lack of transparency. Meciar was unseated in 1998 elections by the reformist government of Mikulás Dzurinda. In April 2000 he was arrested and charged with paying illegal bonuses to his cabinet ministers while in office. A three-week standoff with police preceded the arrest, ending only when police commandos blew open the door on Meciar's house and seized him. He was also questioned about his alleged involvement in the 1995 kidnapping of the son of Slovakia's former president, Michal Kovac.

Dzurinda has improved Slovakia's reputation in the West, but his tough economic measures have made him unpopular within the country. Meciar, on the other hand, has proven oddly resilient. In Sept. 2002 elections, the ruling coalition held onto power, despite Meciar coming out ahead in the vote. In April 2004, Meciar ran for the presidency against his former right-hand man, Ivan Gasparovic. Gasparovic won the largely ceremonial post by a wide majority. In 2004, Slovakia joined the EU and NATO.

See also Encyclopedia: Slovakia.
Statistical Office of the Slovak Republic www.statistics.sk/webdata/english/index2_a.htm .

  Site maintained by Euroburo Ltd
Please contact us through our "contact us" page
and NOT through our registered office
We have no personnel there.


U.K. Registered office
7 High Street  CromeNorfolk  NR27 9HG
Director G M Potter   Secretary  E Hignett
No 4104731 registered in England