Slovenia, officially the Republic of Slovenia, is a country in southern Central Europe bordering Italy to the west, the Adriatic Sea to the southwest, Croatia to the south and east, Hungary to the northeast, and Austria to the north. The capital of Slovenia is Ljubljana.
Slovenia has a high-income developed economy which enjoys the highest GDP per capita of the newly joined EU countries which is around 91% of the EU average. Although the country's relatively high rate of inflation declined to 2.3% in 2006 (prior to the adoption of the euro), it has recently reached a rate of 5.1% year-on-year,exceeding the average in the eurozone.
Slovenija also is part of the Euro-Zone and of the Schengen treaty.