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Slovenia Sharpens Austerity Measures

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.

“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…

This article includes a total of 220 words.

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