Thursday, June 24, 2010

Slovakia, Bratislava Cost of Living April 2010

Country Full Name: Slovak Republic.

Location: Slovakia is in Central Europe, south of Poland.

Country Climate: Temperate; cool summers; cold, cloudy, humid winters.

Country Terrain: Rugged mountains in the central and northern part and lowlands in the south.

Major Languages: Slovak.

Major Religions: Christianity.

Country Population: 5.4 million (2008 est.) 5.4 million (2009 est.).

Country Economy: The economy of Slovakia increasingly resembles a developed country. The Slovak economy has been considered a tiger economy. Slovakia has been a EU member state since 2004 and adopted the euro currency at the beginning of 2009.

Currency: Euro (EUR).

Country Inflation: 4.6% (2008 est.) 1.5% (2009 est.).

City: Bratislava is the capital of the Slovak Republic.

City Economy: The Bratislava Region is the wealthiest and economically most important region in Slovakia, despite being the smallest by area and having the second smallest population of the eight Slovak regions.
Cost of Living: Bratislava has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Bratislava is currently ranked 51 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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