Slovenia Sharpens Austerity Measures

Politics ♦ Published: December 8, 2012; 14:30 ♦ (Vindobona)

The Slovenian Parliament resolved the budgets for 2013 and 2014. The country tries to fulfill the Maastricht criteria.

Slovenia Sharpens Austerity Measures / Picture: ©

“In spite of the deterioration of the economic situation, we want to cut the budget deficit below 3.0% of GDP.” Finance Minister Janez Sustersic said. The government expects that public revenues will increase next year and refers to the improving investment climate. According to the Slovenian opposition parties, the government´s forests are too optimistic. Moreover, the austerity…