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Slovakia

Facts and stats about Slovakia

jaacosta47

Author: jaacosta47

In the midst of Ukraine’s impending political predicament, thousands of Ukrainians are expected to enter Slovakia illegally. This is a big concern for the Slovakian government according to Prime Minister Robert Fico during the GLOBSEC annual conference in Slovakia’s capital city (Bratislava). Slovakia is adjacent to Ukraine’s western area. This is the shortest border in Ukraine which is only 98 kilometers long. Organized criminal groups have already intensified illegal transportation of migrants across the Slovak-Ukrainian border.

Meanwhile, there are also challenges facing the country’s economy. The Slovakian government needs to make modifications in its budget plan due to the expected drop in the country’s envisaged economic growth. The economy has been affected by a deceleration in Germany which is one of Slovakia’s major trading partners. Slovakia was the focus of global attention in 2011. Due to internal political squabbling, it became the last country in the Euro Zone to vote on adjustments to the European Financial Stability Facility (EFSF) scheme. Earlier, European leaders agreed to appease increasingly jittery global markets. Slovakia failed in its initial attempt to approve the changes, making it the only country to reject them, and threatening to ruin the initiative. This brought about the collapse of the centre-right administration led by in 2012.

The Slovakian prime minster has criticized the third round of sanctions against Russia. He believes that Slovakia and other EU nations will also suffer from these restrictions as these can reduce the country’s growth by at least one percent in 2015 from the projected 3.1 percent. It can be a big blow, not only to the EU economy, but especially to the economies of countries like Ukraine.

5.49 million

Population. Ranked 113th in 2013.

$16,931.63

GDP per capita. Ranked 39th in 2012.

Borders

Austria 91 km, Czech Republic 197 km, Hungary 676 km, Poland 420 km, Ukraine 90 km
Largest city Bratislava - 446,600
Capital city Bratislava - 446,600
Major language Slovak
Major religion Christianity
Monetary unit Slovak koruna
Prime minister Robert Fico
Alternative names Slovakia, slovak rep. c, Slovak Republic, Slovenska Republika, Slovensko
Groups Catholic countries, Christian countries, Cold countries, Eastern Europe, Europe, European Union, Eurozone, High income OECD countries, Landlocked countries, NATO countries, World

Interesting observations about Slovakia

  • Slovakia ranked first for secondary education, duration > years amongst Christian countries in 2012.
  • Slovakia ranked first for gasoline > pump price for gasoline > US$ per liter amongst Landlocked countries in 2012.
  • Slovakia ranked second for GDP > composition by sector > industry amongst European Union in 2012.
  • Slovakia ranked first for consumer price index amongst High income OECD countries in 2005.
  • Slovakia ranked first for outcomes > secondary education > duration > years globally in 2009.
  • Slovakia ranked first for trade > exports > per $ GDP amongst Europe in 2006.
  • Slovakia ranked first for age structure > 15-64 years amongst NATO countries in 2012.
  • Slovakia ranked third for GDP per capita amongst Eastern Europe in 2012.
  • Slovakia ranked 19 places from the bottom for population amongst Catholic countries in 2013.
  • Slovakia ranked 7th last for GDP amongst Eurozone in 2012.

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In the midst of Ukraine’s impending political predicament, thousands of Ukrainians are expected to enter Slovakia illegally. This is a big concern for the Slovakian government according to Prime Minister Robert Fico during the GLOBSEC annual conference in Slovakia’s capital city (Bratislava). Slovakia is adjacent to Ukraine’s western area. This is the shortest border in Ukraine which is only 98 kilometers long. Organized criminal groups have already intensified illegal transportation of migrants across the Slovak-Ukrainian border.

Meanwhile, there are also challenges facing the country’s economy. The Slovakian government needs to make modifications in its budget plan due to the expected drop in the country’s envisaged economic growth. The economy has been affected by a deceleration in Germany which is one of Slovakia’s major trading partners. Slovakia was the focus of global attention in 2011. Due to internal political squabbling, it became the last country in the Euro Zone to vote on adjustments to the European Financial Stability Facility (EFSF) scheme. Earlier, European leaders agreed to appease increasingly jittery global markets. Slovakia failed in its initial attempt to approve the changes, making it the only country to reject them, and threatening to ruin the initiative. This brought about the collapse of the centre-right administration led by in 2012.

The Slovakian prime minster has criticized the third round of sanctions against Russia. He believes that Slovakia and other EU nations will also suffer from these restrictions as these can reduce the country’s growth by at least one percent in 2015 from the projected 3.1 percent. It can be a big blow, not only to the EU economy, but especially to the economies of countries like Ukraine.

Posted on 19 May 2014

jaacosta47

jaacosta47

423 Stat enthusiast