EU Commission: Slovenia Makes “Key Progress”

Politics ♦ Published: November 14, 2013; 13:03 ♦ (Vindobona)

Slovenia is among 16 EU member states that require comprehensive assessment of macroeconomic imbalances. According to a report published by the EU Commission, the small country shows significant improvement.

EU Commission: Slovenia Makes “Key Progress” / Picture: © Vindobona.org

Apart from Slovenia, economic imbalances were also observed in Spain. However, in line with the “Alert Mechanism Report 2014” published by the EU Commission on Wednesday, the authority determined that immediate measures are not required since budget and reforms plans are “ambitious”, as reported by Slovenia Times.

The report points out that “the pace of structural…