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Revise certain reforms implemented by the former government, mainly in healthcare, the pension system, labour law and education with a greater focus on social aspects and solidarity, as well as on public administration systems with an aim to reduce the financial burden on fiscal spending. Improve infrastructure to attract high value-added investments and decrease unemployment. Remove regional disparities within Slovakia and support balanced development throughout all regions, applying investment incentives programmes and the pro-active use of EU structural funds.

International Affairs

Slovakia is a member of the OECD and WTO, on 1 May 2004 joined the EU and on 21 December 2007 the Schengen area. Slovakia became a member of the Eurozone as of 1 January 2009 with conversion rate set at 30.1260 SKK/EUR.

The country belongs to NATO and is involved in several ongoing operations under NATO and United Nations command.

Other international memberships include: UNESCO, OECD, OBSE, CERN, WHO, INTERPOL, etc.


The population of Slovakia is currently 5.4 million with a working population of 2.6 million. The influence of religion on the population is still significant, with over 60% of Slovaks being Roman Catholic.

Life expectancy, compared with Western European countries, is relatively low at 70.5 years for men and 78.2 for women.

The educational level of the population is generally high with compulsory basic schooling for all. While the younger generations are generally proficient in foreign languages, knowledge of Western languages still has room for improvement.


©2010 KPMG Slovensko spol. s r.o. , a Slovak limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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