Slovenia: Creation of Bad Bank Should Solve Credit Crunch

Politics ♦ Published: November 6, 2012; 19:08 ♦ (Vindobona)

At the moment, the Slovenian banking sector does not fulfill its main task. The real industry suffers from a credit crunch.

Slovenia: Creation of Bad Bank Should Solve Credit Crunch / Picture: © Vindobona.org

The Slovenian Minister of Economics Radovan Zerjav explains that the biggest Slovenian problem is the restructuring of the banking sector. Zerjav told APA that the banks do not provide the real economy with loans sufficiently. “In the time before the crisis, banks injected much money into the real economy. Now, the situation has changed radically.”

The Minister explains that…

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