Slovenia: Controversies Over New Budget

People ♦ Published: September 25, 2013; 06:44 ♦ (Vindobona)

Slovenia´s Prime Minister Alenka Bratusek links the approval to the austerity budget to a vote of confidence.

Slovenia: Controversies Over New Budget / Picture: ©

Slovenia still tries to prevent a bail-out by the “Troika” (ECB, ESM and IMF) by all means. In order to push the budget deficit down to 3.0% of GDP, Slovenia´s government plans a number of strict austerity measures and tax increases. In total, public revenues should increase by € 211m to € 8.63m. However, public expenses will come at € 9.64bn. This is € 324m higher than…