Slovenia: Commission’s Target to Be Achieved in September

People ♦ Published: June 6, 2013; 10:27 ♦ (Vindobona)

Deputy Prime Minister and Interior Minister Gregor Virant announced that Slovenia will achieve the EU Commission’s aim for approving more budget cuts by the end of September to avoid international bailout.

Slovenia: Commission’s Target to Be Achieved in September / Picture: © Vindobona.org

According to him the government was “dead serious” about the postponed sale of state assets and yields on state bonds are supposed to decrease by the first quarter of 2014, when Slovenia intends to access markets again which makes borrowing cheaper.

Slovenia has planned a number of measures which are supposed to help the country avoid becoming the next Eurozone bailout…