Slovenia to Sharpen Austerity Measures

People ♦ Published: November 20, 2012; 16:25 ♦ (Vindobona)

The Slovenian Prime Minister Janez Jansa announced that the austerity policy will be implemented even more consequently.

Slovenia to Sharpen Austerity Measures / Picture: © Vindobona.org

According to Jansa, the government did not really implement strict austerity measures yet. Until now, the government has only consolidated public finances and reduced new indebtedness. “What the government did so far was only the beginning. The largest chunks will come in the next three or four years.” Jansa said. The Prime Minister indicated that Slovenia faces deep austerity cuts…