The office was vacant until 2 March, when the first president, Michal Kováč, was elected by the National Council of Slovak Republic.

As a result, the position was vacant for half a year after Kováč's term ended in March 1998.

The president of Slovakia has a limited role in policy-making, as the office is largely ceremonial within the framework of a parliamentary republic.

[2] The president represents the Slovak Republic externally and concludes and ratifies international treaties.

For example, there have been cases when the president has refused to appoint vice-governors of the National Bank of Slovakia recommended by the government.

[4] Presidential powers are substantially increased in special circumstances when the National Council passes a vote of no confidence in the government.