Situated between the Czech Republic, Austria, Ukraine, and Hungary, the sovereign state of Slovakia boasts a population of over five million and occupies some 49,000 square kilometers. It is a nation in the process of growing its economy and preserving its rich tradition.
Recently, lawmakers have been planning to markedly increase
Slovakia’s minimum wage; The nation is currently experiencing a slight deflation, and the initiative would protect the country’s lower-wage citizens. This hike in pay will put Slovakia ahead of its neighboring Czech Republic, and is a sign of economic prosperity to come.