„Slovenia Can Manage On Its Own“

PeopleOther ♦ Published: April 29, 2013; 18:01 ♦ (Vindobona)

In an interview with Austrian newspaper Kurier, President of the Slovenian Bankers Association France Arhar stresses that Slovenia is not the new Cyprus.

„Slovenia Can Manage On Its Own“ / Picture: © Wikimedia Commons / državna zastava Slovenije [Public Domain]

Since the beginning of the Cyprus banking crisis, the small country has become a subject of discussion as the Eurozone has feared Slovenia could become the next bail-out candidate requiring mone from the ESM fund. The major banks of the country, which are all state-owned, are not able to survive without support in capital.

Arhar criticizes the comparision to Cyprus as Slovenia is…