6th Century AD- Slavic ancestors of present day Slovenia settle in the area.

7th Century- The first Slovene state was established, the Slavic Duchy of .

Carantania.

745- Carantania is annexed by the Frankish Empire and the Slavs convert to .

Christianity while gradually losing their independence.

1000- The Freising Manuscripts denote the beginning of Slovene literary history .

by being the first known writings in the Slovene language.

14th century through 1918- the Habsburgs take possession of Slovenia, which was.

then passed on to the Austro-Hungarian monarchy.

1918- The Kingdom of the Serbs, Croats, and Slovenes is formed.

1990- In April the first democratic elections were held. .

1990- In December, 88.5% of the Slovene voters vote for an independent .

Slovenia.

1991- On June 25 Slovenia officially declared its independence.

1992- On January 15 the European Union recognizes Slovenia's independence.

1992- On May 22 Slovenia became and official member of the United Nations.

1993- On May 14 Slovenia became a member of the Council of Europe.

1994- On March 30 Slovenia became a member of the Partnership for Peace.

1994- On September 27, Slovenia signed the accession declaration in Geneva, .

thus becoming a founding member of the WTO. .

1996- On January 1 Slovenia became a member of the CEFTA..

1996- On June 25 the WEU welcomed Slovenia as an associate partner. .

1998- On January 1 Slovenia became a non-permanent member of the UN .

Security Council. .

1999- On February 1, the association agreement established in June of 1996 .

came into effect. .

Slovenia's Economy.

While in transition from socialism to a free market economy, Slovenia is among the most successful of the countries facing this challenge. The process of privatization is increasing competition in the market and has boosted the Slovene economy. The Slovene currency is called the Tolar, which is made up of 100 stoins. The rate of unemployment has dropped from 7.