Slovenia: Privatization Program to Boost FDI?

People ♦ Published: September 20, 2013; 07:40 ♦ (Vindobona)

The government of the financially ailing country is forced to privatize a substantial part of the publicly held companies. Prime Minister Bratusek hopes foreign direct investments to increase.

Slovenia: Privatization Program to Boost FDI? / Picture: © Wikipedia

As Slovenia´s budget is rather tense, a bail-out by the “Troika” (ECB, ESM and IMF) becomes more likely, analysts say.  The public debt will temporarily exceed the 60 % mark set by the EU, but will decrease as non-performing loans transferred to a bad bank are cashed in. Slovenian Finance Minister Uros Cufer explained that the country needed structural measures of about € 1bn…