The Slovak landscape is noted primarily for its mountainous nature, with the Carpathian Mountains extending across most of the northern half of the country. Amongst these mountain ranges are the high peaks of the Tatra mountains. To the north, close to the Polish border, are the High Tatras which are a popular skiing destination and home to many scenic lakes and valleys as well as the highest point in Slovakia, the Gerlachovský štít at 2,655 metres (8,711 ft), and the country's highly symbolic mountain Kriváň.
Slovakia is a parliamentary democratic republic with a multi-party system. The last parliamentary elections were held on June 17, 2006 and two rounds of presidential elections took place on April 3, 2004 and April 17, 2004.
The Slovak economy is considered an advanced economy, with the country dubbed the "Tatra Tiger". Slovakia transformed from a centrally planned economy to a market-driven economy. Major privatizations are nearly complete, the banking sector is almost completely in private hands, and foreign investment has risen.
Inflation dropped from an average annual rate of 12.0% in 2000 to just 3.3% in 2002, the election year, but it rose again in 2003–2004 because of rising labor costs and excess taxes. It reached 3.7 % in 2005.
Slovakia adopted the euro currency on 1 January 2009 as the 16th member of the Eurozone. The euro in Slovakia was approved by the European commission on 7 May 2008. The Slovenská koruna was revalued on 28 May 2008 to 30.126 for 1 euro,[54] which was also the exchange rate for the euro.
Slovakia features natural landscapes, mountains, caves, medieval castles and towns, folk architecture, spas and ski resorts. More than 1.6 million people visited Slovakia in 2006, and the most attractive destinations are the capital of Bratislava and the High Tatras.
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