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15-64 years: 71.6% (male 1,955,031/female 1,965,554)
65 years and over: 12.8% (male 262,363/female 438,538) (2011 est.)
conventional short form: Slovakia
local long form: Slovenska Republika
local short form: Slovensko
over 3,047 m: 2
2,438 to 3,047 m: 2
1,524 to 2,437 m: 3
914 to 1,523 m: 3
under 914 m: 9 (2012)
Unemployment, at an unacceptable 18% in 2003-04, dropped to 8.6% in 2007 but remains the economy’s Achilles heel. Slovakia joined the EU on 1 May 2004 and will be the second of the new EU member states to adopt the euro in 2009 if it continues to meet euro adoption criteria in 2008. 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 FICO government is pursuing a state-interventionist economic policy, however, and has pushed to regulate energy and food prices.
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