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Slovenian Parliament Approves Creation of Bad Bank
The Slovenian state creates a bad bank in order to restructure the financially stricken banking sector.
Slovenian Parliament Approves Creation of Bad Bank / Picture: © Vindobona.org
The governing parties of the centre-right government approved the government´s proposal to create a bad ban.
However, the Slovenian National Bank, the banking association and other economists reject the creation of a bad bank. A direct recapitalization would have better, they say. In this case, the Slovenian budget deficit would explode, however. With an expected deficit of up…
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