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Slovenia

Slovenia: South Stream Gas Pipeline Project to Get National Priority Status?

Russia urges Slovenia to give the South Stream gas pipeline project national priority status.

May 6, 2013

Success for Slovenian Bonds at US Market

Slovenia was able to gain some of the required funds for the restructuring of its banking sector through the US bond market.

May 3, 2013

„Slovenia Can Manage On Its Own“

In an interview with Austrian newspaper Kurier, President of the Slovenian Bankers Association France Arhar stresses that Slovenia is not the new Cyprus.

April 29, 2013

Kapsch TrafficCom Last Bidder for Major Project in Slovenia

Austrian listed electronic toll system provider Kapsch is the only bidder for the establishing of an electronic toll system for trucks in Slovenia.

April 26, 2013

Slovenia: Government to Vote On Regulations

Changes to the acts on Slovenian state-owned enterprises are supposed to help restructure and remove the lid from the amount of state aid money granted.

April 24, 2013

Schwarzenberg: „Slovenia Joining V4 Would Not Be Efficient“

V4 Foreign Ministers have declared disapprobation of Slovenia joining the group.

April 19, 2013

Rehn: Slovenia Has to Take Actions Immediatly

EU official presses Slovenia to restructure its banking industry to evade bailout.

April 19, 2013

Slovenia: State Aid to Rescue and Re-Structure Companies

At its regular session, the Government also approved the draft Act Governing the Rescue and Restructuring Aid for Companies in Difficulty.

April 18, 2013

Croatia Looking at EU Through Rose-Tinted Glasses

On July 1, Croatia will be joining the EU as 28th member state. Croatia is the first country after the economic crisis to become a member of the Union.

April 17, 2013

Poland: Favorable Forecast Despite of Recession in 2013

Poland’s economy is the biggest among the younger member states and continues to grow even with the current recession.

April 17, 2013

Slovenia to Emerge From Quagmire By Itself?

A recent report by the OECD paints a dim picture of the country’s economic future.

April 17, 2013

Slovenia to Sell Two State Enterprises

On a press conference on Friday, Prime Minister Bratusek announced the selling of two state-owned companies, one of them being a bank.

April 13, 2013

Bad Outlook for Slovenia’s Economy

Slovenia receives bad marks in a report by the EU Commission. Together with Spain, Slovenia’s economy is endagered to collapse in case measures will not be made in the next few weeks.

April 11, 2013

Fitch Downgrades Slovenian Banks to Junk Status

Rating agency Fitch has downgraded the creditworthiness of five Slovenian Banks.

April 8, 2013

Czech President Zeman Wants Slovenia As 5th Visegrad Member

The proposal made by Czech’s president Milos Zeman does not arouse enthousiasm among Slovak citizens.

April 6, 2013

Slovenia: “We Will Need No Bailout This Year”

Since Greece, Spain and Cyprus are currently finding themselves in disastrous economic situations, Slovenia does not want to seem like the next bail-out candidate.

March 30, 2013

Slovenia: Situation For Banks Still Shaky

According to the National Bank, the new government in Slovenia needs to avoid becoming the new setting of bail-out negotiations with the EU after the banking crisis in Cyprus.

March 28, 2013

Slovenia: NLB Gets Own Bad Bank

Slovenia biggest bank, Nova Ljubljanska Banka (NLB), is going to establish its own intern bad bank.

March 28, 2013

National Bank of Slovenia Reports Slowing Growth

The banking system’s total assets were down by € 88.5m in January or 6.6% y/y. The banks repaid liabilities to foreign banks in the amount of € 171m and to the Eurosystem in the amount of € 78m.

March 21, 2013

Slovenia: Highest Decrease in Construction Industry

In January 2013, compared with December 2012, the production in construction in the Eurozone was down by 1.4% and down by 1.3% in EU27-states. Slovenia experiences the highest decrease with 7.4 %.

March 19, 2013

Economic Convergence: Slovenia Falls Back

In 2012, GDP in the euro area declined by 0.5%, as economic situation also worsened in the core countries. The gap by which Slovenia trails the euro area average further deepened.

March 14, 2013

Slovenia: New Coalition Stands

Slovenia´s new Prime Minister Alenka Bratusek is the head of a four-party-coalition.

March 13, 2013

Austria Welcomes Agreement between Croatia and Slovenia

"The last stumbling block for Croatia's accession to the EU has been removed by solving the Ljubljanska Banka issue."

March 13, 2013

Slovenia/Croatia: Paving the Way for Brussels

Today, both heads of government, Janez Jansa and Zoran Milanovic, signed the “Memorandum of Understanding” in Mokrice which will permit Croatia to become a full EU member.

March 11, 2013

Recession in Euro-Area Still Affects CESEE Countries

According to the Vienna Institute For International Economic Studies (wiiw), the double-dip recession over, yet there is no economic growht in sight for CESEE countries.

March 7, 2013

Slovenian National Bank: “GDP Decline in Line with Expectations”

The Governing Board of the Bank of Slovenia discussed current economic and financial developments.

March 7, 2013

Slovenia/Croatia: Agreement over Bank Dispute

After years of debate, there seem to be a final agreement in the fight for the insolvent Ljubljanska Banka. The settlement should pave the way for Croatia’s becoming an EU member state.

March 7, 2013

EU: Slovenia´s Economy Shrinks Fastest

Second estimate for the fourth quarter of 2012: Euro area GDP down by 0.6% and EU27 down by 0.5%. Compared with the fourth quarter of 2011, the growth rates come at -0.9% and -0.6% respectively.

March 6, 2013

Slovenia: New Government to be Built

Until March 14, the new administration should be nominated. However, 32 % think that the new head of government will not be able to form a government.

March 5, 2013

Slovenia: Bratusek New Head of Government

Today, Slovenia´s Lower House of Parliament has elected a new Prime Minister. Janez Jansa continues to manage the government business.

February 27, 2013

Slovenia: Jansa Remains Prime Minister

Today, Slovenia´s Parliament will elect a new official head of government. However, Jansa will continue the government business.

February 27, 2013

Hypo Group: Sale of Austrian Unit „at a Late Stage”

According to Hypo Group, the results of the Austrian unit for 2012 are “highly satisfying”.

February 16, 2013

Slovenian Central Bank Wants to Boost Economic Growth

Since the middle of last year, the Bank of Slovenia and the Bank Association of Slovenia have been coordinating their action to improve the business conditions for the real sector.

February 14, 2013

Massive Losses in Slovenian Banking Sector

Last year, the banking industry has recorded total losses of more than € 600m, the Slovenian business magazine “Finance” reports.

February 13, 2013

S&P Downgrades Slovenia

Today, the U.S. rating agency has lowered the credit rating of the financially stricken country. Further downgrades are not unlikely.

February 13, 2013

Slovenia Faces New Elections

The Slovenian government is under massive pressure. A government collapse is more than likely.

February 11, 2013

„Slovenia Will Become a Star Again“

In an interview with the Austrian daily newspaper “Presse”, Slovenia´s President Borut Pahor demonstrates optimism. He admits that many Slovenians feel injustice.

February 9, 2013

Dispute Between Croatia and Slovenia Solved

Regarding the Slovenian banking group NLB, the Slovenian Minister of Foreign Affairs and his Croatian counterpart have found a compromise.

February 7, 2013

Slovenia: Non-Performing Loans Still on the Rise

The banking system’s high credit risk increased slightly in the first nine months of the year, but at a slower pace than in 2011.

February 5, 2013

Slovenia´s Banking Industry in Distress

Due to the economic crisis, the lending business goes down. The indebtedness of the real economy remains high. Funding costs are increasing.

February 5, 2013

Slight Upward Trend for CESEE Countries

The economic crisis in the Eurozone has hit the CESEE countries particularly hard, EBRD reports. 2013 will be a better year.

February 1, 2013

Slovenia: Corporate Lending Falls Considerably

Due to the difficulties in the Slovenian banking sector, the real economy suffers from a credit crunch.

January 30, 2013

Slovenia: Jansa Rejects to Step Down

Despite the deep political and economic crisis, Slovenia´s Prime Minister Janez Jansa is clinging to power.

January 25, 2013

Slovenia: Government Collapses

Yesterday in the evening, the conservative coalition member CL has terminated the co-operation with Prime Minister Janez Jansa´s party SDS. Not only the political situation in Slovenia is precarious, but also the economic outlook is highly uncertain.

January 24, 2013

Slovenia: Protests Against Austerity Cuts

Due to a general strike, Slovenia comes to a standstill. More than 100,000 public servants protest against social cuts.

January 23, 2013

Croatia: Dispute with Slovenia May Postpone EU Accession

In July, Croatia should become a member country of the EU. However, the legal dispute with Slovenia is still an obstacle. The neighbor country may cause a delay of Croatia´s accession.

January 17, 2013

Construction Output: Sharp Decrease in Slovenia and Slovakia

In the Euro area, the production in construction was down by 0.4%.

January 17, 2013

Croatia: One Step Closer to the EU

According to their own statements, the Croatian government has fulfilled eight out of ten tasks, which must be finalized until July 2013. However, Croatia´s economic problems are far from being solved.

January 15, 2013

New Elections in Slovenia?

The government crisis in Slovenia sharpens. Economists warn of a leftist coalition.

January 15, 2013

Fitch: Austrian Banking Industry Depends on CESEE

According to the U.S. rating agency, the situation of Austrian banks strongly depends on the development in central, east and southeast Europe.

January 14, 2013
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