Rehn: Slovenia Has to Take Actions Immediatly

Politics ♦ Published: April 19, 2013; 11:07 ♦ (Vindobona)

EU official presses Slovenia to restructure its banking industry to evade bailout.

Rehn: Slovenia Has to Take Actions Immediatly / Picture: © Vindobona.org

In an interview with Reuters, EU Commissioner for Economic and Monetary Affairs Olli Rehn demanded that Slovenia has to take immediate actions to restructure and privatize its banks. He advised the country to support public finances if Slovenia want to avoid becoming the next bail-out candidate in the Eurozone.

"Slovenia is facing serious challenges but its situation is certainly…