Slovenia´s Government Hopes for More FDI

Politics ♦ Published: November 1, 2013; 16:14 ♦ (Vindobona)

In order to promote more foreign direct investments, Prime Minister Alenka Bratusek plans to hold investment conferences across Europe.

Slovenia´s Government Hopes for More FDI / Picture: © Wikipedia

In the medium term, Slovenia´s growth outlook is rather dismal. In the latest country report, the IMF underlined the unfavorable interdependence between the Slovenian banking industry and the tense fiscal situation. “A vicious cycle of corporate distress, increasing nonperforming loans (NPLs), bank deleveraging, and needed fiscal consolidation is prolonging the recession and weighing…