Slovakia
Brief description
Slovakia (long form: Slovak Republic; Slovak: Slovensko, long form Slovenská republika) is a landlocked country in Central Europe with a population of over five million and an area of about 49,000 square kilometres (almost 19,000 square miles). The Slovak Republic borders the Czech Republic and Austria to the west, Poland to the north, Ukraine to the east and Hungary to the south. The largest city is its capital, Bratislava. Slovakia is a member state of the European Union, NATO, OECD, WTO, and other international organizations.
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Silver Resort
This is an exclusive opportunity to invest in a luxury development on a UNESCO World Heritage Site in one of Europe’s fastest growing economies. Set on the sublime Tatras Mountains with world-class skiing and summer recreational facilities, the Silver Resort will feature premium, family-friendly 1–3 bed apartments and villas.
The Slavic people arrived in the territory of present day Slovakia between the 5th and 6th century AD during the Migration Period (Migration of Nations). Various parts of Slovakia belonged to Samo's Empire, the first known political unit of Slavs, Great Moravia, the Kingdom of Hungary, Habsburg (Austrian) monarchy, Austria-Hungary, Czechoslovakia throughout history. Slovakia became independent on 1 January 1993, with the peaceful division of Czechoslovakia in the Velvet Divorce.
Economy
Slovakia has pursued a difficult transition from a centrally planned economy to a modern market economy. Major privatizations are nearly complete, the banking sector is almost completely in private hands, and foreign investment has picked up. Slovakia is characterized by the sustained high economic growth. In 2006, Slovakia reached the highest growth of GDP (8.9%) among the members of OECD. The annual GDP growth in 2007 is estimated to 10.3%, with the record level of 14.1% reached in the fourth quarter.
Interesting locations
Slovakia's karst areas offer an extremely high number of caves and their list is being expanded every year due to new discoveries. The number of caves per capita is the highest one or among the highest ones in Europe. Thirteen caves are open to the public, the longest one of which is 9 km long. Some of them have been proclaimed UNESCO's World Heritage Sites. Among them, Ochtinská Aragonite Cave is one of three aragonite caves in the world.
Article from Wikipedia, The Free Encyclopedia, Slovakia
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