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Slovakia: Government

Key Figures

Chief of State:
President Peter Pellegrini
Head of Government:
Prime Minister Robert Fico

Overview

Government Name:
Slovak Republic
Constitution:
Adopted: 1992; According to lawyers, some parts of the constitution were prepared so hastily that they are almost impossible to execute. It is divided into 9 sections with headings such as fundamental rights and freedoms, the office of the public prosecutors in the Slovak Republic, and the economy.
Government Type:
Parliamentary Republic
Slovak Republic Flag
Coat of Arms of Slovak Republic

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2023)

Country Risk Rating

A4
A somewhat shaky political and economic outlook and a relatively volatile business environment can affect corporate payment behavior. Corporate default probability is still acceptable on average. Source: Coface (2022)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

Implements legislation enacted by the National Council and coordinates the business of ministries and other central authorities, as well as decides on bills, government decrees, an implementation of the government's program, international agreements, budgetary drafts, and high official appointments.

President is elected by absolute majority vote through a two-round system. Prime minister is appointed by the president with the approval of the parliament.

5 years
Judicial

Provides checks and balances among political and legislative institutions but also provides protections for ordinary citizens.

Appointment by president.

Mandatory retirement age of 65
Legislative

Votes on all laws and reviews changes or amendments to existing laws.

National Council (Národná rada) members are elected through a flexible-list proportional representation system.

4 years

Regional Trade Blocs
European Union

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Ministry of Finance & Financial Directorate
Tax Name:
VAT

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/