Slovakia
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 Slovak koruna was revalued on 28 May 2008 to 30.126 for 1 euro, which was also the exchange rate for the euro.
Slovakia is an attractive country for foreign investors mainly because of its low wages, low tax rates and well educated labour force. In recent years, Slovakia has been pursuing a policy of encouraging foreign investment. FDI inflow grew more than 600% from 2000 and cumulatively reached an all-time high of $17.3 billion in 2006, or around $22,000 per capita by the end of 2008.
Slovakia
Slovakia is ranked among the top EU countries regarding the knowledge of foreign languages. In 2007, 68% of the population aged from 25 to 64 years claimed to speak two or more foreign languages, finishing 2nd highest in the European Union. The best known foreign language in Slovakia is Czech. Eurostat report also shows that 98.3% of Slovak students in the upper secondary education take on two foreign languages, ranking highly over the average 60.1% in the European Union.