Slovenia: 2014 Credit Line of € 7.7bn

People ♦ Published: January 10, 2014; 09:03 ♦ (Vindobona)

On Thursday the Slovenian government adopted a budget financing plan which includes this year’s credit line of up to € 7.7bn.

Slovenia: 2014 Credit Line of € 7.7bn / Picture: ©

The country is able to accumulate further debts in the amount of € 3.5bn for public expenses this year as well as up to € 4.2bn to provisionally finance debt principal payments in 2015 and 2016, according to the budget financing plan adopted on Thursday.

The budget plan also takes into account the country’s issuance of long-term bond, which will be the main borrowing…