Political Relations

Since its independence in 1993, Slovakia adopted policies that led to the shift from a centralized to a market economy of liberal western type. Economic reforms have resulted in high growth rates recorded during the years 2006-2007. In January 2009, Slovakia has joined the Eurozone.

The accession of Slovakia to Euro-Atlantic institutions (EU and NATO) in 2004 further strengthened Greek-Slovak relations, which, beyond their bilateral dimension, include cooperation as EU partners and NATO allies.

The bilateral trade between Greece and Slovakia, although limited, exhibited a consistently upward trend until 2023. However, in 2024, the total value of bilateral trade experienced a slight decrease of 4%, amounting to approximately 500 million euros, following a mentionable increase of 20% that took place in 2023. As for the trade balance between Greece and Slovakia, it presents adeficit for our country althoughit exhibited a small surplus of approximately 7,5 million euros in 2024 for the first time. In 2024 Greek imports from Slovakia demonstrated a decrease of 17% but, at the same time, Greek exports continued to consistently increase by 13%. 

The introduction of bauxite from Greece,as the main aluminum ore, accounts for 25% of the total quantity imported by Slovakia. 

Greece continues to occupy a prominent destination for Slovak tourists, with more than 115.000 of them visiting our country per year. Our country ranks among the three most popular touristic destinations for Slovak citizens in the recent years.