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Slovenia: Massive Concerns Against Real Estate Tax

Published: October 18, 2013; 21:46 · (Vindobona)

The Slovenian government plans to introduce property taxes in order to reduce the budget deficit. The opposition warns that the tax may be “highly counterproductive”.

Slovenia: Massive Concerns Against Real Estate Tax / Picture: © Flickr

Slovenia´s government is looking for new revenues. The property tax may bring more than € 400m. This corresponds to 1.2% of the country´s GDP.

This year, Slovenia´s budget shortfall will reach about 6.0% of GDP, economists say. Without the aggressive austerity cuts and the radical privatization policy, the budget deficit would be even higher. Next year, Slovenia plans a…

This article includes a total of 218 words.

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