Slovenia Under Pressure Again

Politics ♦ Published: February 7, 2014; 10:12 ♦ (Vindobona)

The International Monetary Fund calls Slovenia to cut public spending radically. The Slovenian government still refrains from unpopular decisions.

Slovenia Under Pressure Again / Picture: ©

According to the recent bank stress carried out in November/December 2013, the Slovenian banking sector has a capital shortfall of more than € 4.7bn. The capital shortfall will be covered by the Slovenian state and the parents of foreign bank affiliates. The biggest part of the capital shortfall was found in the publicly held banking sector (NLB, NKBM, Abanka Vipa). The capital…