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.
Biatec
Biatec was the name of a person, presumably a king, who appeared on the Celtic coins minted by the Boii in Bratislava (the capital of Slovakia) in the 1st century BC. The word Biatec (or Biatex) is also used as the name of those coins. In the literature, they are also sometimes referred to as "hexadrachms of the Bratislava type". Biatecs, in fact hexadrachms and tetradrachms made of high quality silver and gold, bear inscriptions in capital Latin letters. Among 14 different inscriptions (for example NONNOS, DEVIL, BUSU, BUSSUMARUS, TITTO), BIATEC appears most frequently. The inscriptions represent the oldest known use of writing in Slovakia and the neighboring territories. The coins have a diameter of 25 millimeters and a weight of 16.5-17 grams. The obverse usually shows various depictions of a head or a pair of heads. The reverse usually shows a horseman, but various mythological and real animals also occur.