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Slovenia Flag

Slovenia Flag
Flag of Slovenia
Slovenia flags for displaying indoors or out.
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Slovenia

Slovenia Background

The Slovene lands were part of the Holy Roman Empire and Austria until 1918 when the Slovenes joined the Serbs and Croats in forming a new nation, renamed Yugoslavia in 1929. After World War II, Slovenia became a republic of the renewed Yugoslavia, which though Communist, distanced itself from Moscow's rule. Dissatisfied with the exercise of power of the majority Serbs, the Slovenes succeeded in establishing their independence in 1991 after a short 10-day war. Historical ties to Western Europe, a strong economy, and a stable democracy have assisted in Slovenia's transformation to a modern state. In December 2002, Slovenia received an invitation to join NATO, and it is scheduled to accede to the EU along with nine other states on 1 May 2004. In a March 2003 referendum on NATO and EU membership, Slovenes voted 90% in favor of joining the EU and 66% in favor of joining NATO.

Slovenia Economy

Slovenia, with its historical ties to Western Europe, enjoys a GDP per capita substantially higher than that of the other transitioning economies of Central Europe. Privatization of the economy proceeded at an accelerated pace in 2002-3, and the budget deficit dropped from 3.0% of GDP in 2002 to 1.9% in 2003. Despite the economic slowdown in Europe in 2001-03, Slovenia maintained 3% growth. Structural reforms to improve the business environment allow for greater foreign participation in Slovenia's economy and help to lower unemployment. Further measures to curb inflation are also needed. Corruption and the high degree of coordination between government, business, and central bank policy are issues of concern in the run-up to Slovenia's scheduled 1 May 2004 accession to the European Union.

Slovenia Location

Central Europe, eastern Alps bordering the Adriatic Sea, between Austria and Croatia

Slovenia Flag

three equal horizontal bands of white (top), blue, and red, with the Slovenian seal (a shield with the image of Triglav, Slovenia's highest peak, in white against a blue background at the center; beneath it are two wavy blue lines depicting seas and rivers, and above it are three six-pointed stars arranged in an inverted triangle, which are taken from the coat of arms of the Counts of Celje, the great Slovene dynastic house of the late 14th and early 15th centuries); the seal is located in the upper hoist side of the flag centered in the white and blue bands


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