The Czech Republic
Political system - Parliamentary republic
Chamber of Deputies
Czech koruna (CZK)
Currency, 1EUR = 24.3CZK (2/2/2022)
GDP growth (4Q/2021)
Unemployment rate (12/2021)
In November and december 1989 the people of Czechoslovakia held a series of non-violent demonstrations against the communist government, which resulted in the regime´s collapse. The leading figure of the events, Václav Havel, was later named the first president of the free, post-communist Czechoslovakia.
The federated Czechoslovakia was divided into the Czech Republic and Slovakia on 1 January 1993 through a bilateral political decision. Due to the peaceful course of the breakup, the event was called Velvet Divorce.
Accession to NATO
The Czech Republic became a member of NATO in 1999.
Accession to the EU
The Czech Republic became a member of the European Union in 2004.