At a glance
Slovakia has been a member of the euro area since 1 January 2009. Euro banknotes and coins were introduced on the same day. The euro replaced the Slovak koruna (SKK) at a conversion rate of EUR 1 = SKK 30.1260.
Slovakia is represented by Robert Fico, Prime Minister, at Euro Summit meetings and by its Minister for Finance, Peter Kažimír, at Eurogroup meetings.
- Adoption of the euro: 01/01/2009
- Former currency: Slovak koruna (EUR 1 = SKK 30.1260 )
- GDP per capita (current prices): €12 700 (2011 - Eurostat)
- Number of votes at the Council of the EU: 7
- Member of the Schengen area: Yes
- Official languages: Slovak (sk)
Slovakia has a unicameral parliamentary system. The parliament is called the National Council of the Slovak Republic (Národná rada Slovenskej republiky) and has 150 members elected for four years.
The President of the Republic is the head of state and is elected by direct universal suffrage every five years. He/she has only limited power, with the Prime Minister essentially exercising executive power.
- Political system: republic
- Voting age: 18, voting not compulsory
- National Day: 1 September (anniversary of the Constitution of the Republic – 1992)