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Slovakia holidays

Information about Slovakia

Slovakia's roots can be traced to the 9th century state of Great Moravia. Subsequently, the Slovaks became part of the Hungarian Kingdom, where they remained for the next 1,000 years. Following the formation of the dual Austro-Hungarian monarchy in 1867, language and education policies favoring the use of Hungarian (Magyarization) resulted in a strengthening of Slovak nationalism and a cultivation of cultural ties with the closely related Czechs, who were under Austrian rule. After the dissolution of the Austro-Hungarian Empire at the close of World War I, the Slovaks joined the Czechs to form Czechoslovakia. During the interwar period, Slovak nationalist leaders pushed for autonomy within Czechoslovakia, and in 1939 Slovakia became an independent state allied with Nazi Germany. Following World War II, Czechoslovakia was reconstituted and came under communist rule within Soviet-dominated Eastern Europe. In 1968, an invasion by Warsaw Pact troops ended the efforts of the country's leaders to liberalize communist rule and create "socialism with a human face," ushering in a period of repression known as "normalization." The peaceful "Velvet Revolution" swept the Communist Party from power at the end of 1989 and inaugurated a return to democratic rule and a market economy. On 1 January 1993, the country underwent a nonviolent "velvet divorce" into its two national components, Slovakia and the Czech Republic. Slovakia joined both NATO and the EU in the spring of 2004 and the euro zone on 1 January 2009.

Slovakia's economy

Slovakia has made significant economic reforms since its separation from the Czech Republic in 1993. After a period of relative stagnation in the early and mid 1990s, reforms to the taxation, healthcare, pension, and social welfare systems helped Slovakia consolidate its budget, get on track to join the EU in 2004, and adopt the euro in January 2009. Major privatizations are nearly complete, the banking sector is almost entirely in foreign hands, and the government has facilitated a foreign investment boom with business friendly policies. Foreign direct investment (FDI), especially in the automotive and electronic sectors, fueled much of the growth until 2008. Cheap, skilled labor, low taxes, no dividend taxes, a relatively liberal labor code, and a favorable geographical location are Slovakia's main advantages to foreign investors. Growth returned, following a contraction in 2009, but has remained sluggish in large part due to continued weakness in external demand. In 2012 the government of Prime Minister Robert FICO rolled back some of Slovakia's pro-growth reforms to help shore up public finances. Corruption and slow dispute resolution remain key factors constraining economic growth.

Issues in Slovakia

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 Refugees and internally displaced persons: stateless persons: 1,523 (2013) Illicit drugs: transshipment point for Southwest Asian heroin bound for Western Europe; producer of synthetic drugs for regional market; consumer of ecstasy

Prices in Slovakia (1 EUR = 1.09 USD)
Meal in inexpensive restaurant4.96 EUR
3-course meal in restaurant (for 2)18.2 EUR
McDonalds meal4.85 EUR
Local beer (0.5 draft)1.11 EUR
Foreign beer (0.33 bottle) 1.46 EUR
Cappuccino1.33 EUR
Pepsi/Coke (0.33 bottle)1.11 EUR
Water (0.33 bottle)0.89 EUR
Milk (1l)0.8 EUR
Fresh bread (500g)0.87 EUR
White Rice (1kg)0.94 EUR
Eggs (12) 1.89 EUR
Local Cheese (1kg) 7.12 EUR
Chicken Breast (1kg) 5.93 EUR
Apples (1kg) 1.27 EUR
Oranges (1kg) 1.4 EUR
Tomato (1kg) 1.37 EUR
Potato (1kg) 0.56 EUR
Lettuce (1 head) 0.71 EUR
Water (1.5l)0.56 EUR
Bottle of Wine (Mid-Range) 3.83 EUR
Domestic Beer (0.5 bottle)0.59 EUR
Foreign beer (0.33 bottle) 1.13 EUR
Cigarettes3.3 EUR
One way local bus ticket0.72 EUR
Monthly pass for bus22.05 EUR
Taxi start2.02 EUR
Taxi 1km0.69 EUR
Taxi 1hour waiting9.4 EUR
Gasoline (1 liter) 1.31 EUR
Utilities for a "normal" apartment177.38 EUR
Tennis Court Rent (1 Hour on Weekend) 8.16 EUR
Apartment (1 bedroom) in City Centre 410.49 EUR
Apartment (1 bedroom) Outside of Centre 265.65 EUR
Apartment (3 bedrooms) in City Centre 644.7 EUR
Apartment (3 bedrooms) Outside of Centre 528.69 EUR

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