Slovenia: Exuberant Public Spendings

People ♦ Published: March 20, 2014; 18:12 ♦ (Vindobona)

Public finances in Slovenia have gone wild as only after two months almost half of the total deficit planned for 2014 was spent.

Budget deficit in Slovenia has almost amounted to half of this year's planned amount. / Picture: ©

In February the budget deficit in Slovenia came at € 262m which is an increase by € 38.55m compared to January. The total budget deficit came at € 485.45m at the end of February only, which is almost half of the planned budget deficit for this year. Public revenues came at € 641.62m this month, which is slightly less than in the previous month (€ 660m.), according to the…