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Sunday, January 18, 2009

Slovakia

Slovakia - Is officially known as the Slovak Republic. Slovakia is a European Country and is completely surrounded by other countries, which means it has no ports of sea. Slovakia shares borders with Poland, Ukraine, Hungary, the Czech Republic and Austria. With 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 North Atlantic Treaty Organization and the European Union in the spring of 2004. Unemployment, was at an unacceptable 18% in 2003-04, dropped to 8.6% in 2007 but remains a problem for the economy. 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.
The territory of Modern-day Slovakia was settled by Celts, around 500 BC, who built powerful oppida on the sites of modern-day Bratislava and Havrán.

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