1.1: The Background of Ruritania
- Page ID
- 56814
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(Source: Wikipedia)
The Kingdom of Ruritania (officially: Řurità Kràlovstvì) is a small kingdom (62 mi2; 161 km2) surrounded by Germany and the Czech Republic. Its inhabitants are Slavic-speaking Roman Catholics currently under the absolute monarchy of Rudolph II.
Under Rudolph II, ascension talks between Ruritania and the European Union have stalled. The two issues are the deficiency of democratic structures and an excess of controls on the press. Regardless of not being a member of the European Union, or of its monetary union (euro area), Rudolf pegged the Ruritanian Crown (Koruna Řurità) to the Euro at 2.00Kř to €1.00. This offers greater stability for the koruna in the world currency market. Three decades ago, economic reform allowed the koruna to be entirely convertible on the world market. It also completely eliminated the black market in Ruritania.