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Slovenia
Austrians to Invest Strongly in FDIs
Austrian investors have increased their direct investments in foreign countries by eleven percent to a total of € 145.5bn while FDIs in Austria remain unchanged at € 118.3bn.
June 26, 2013
Slovenia Expects Economic Recovery As Soon As 2014
On Saturday, the Slovenian Finance Ministry expressed its confidence that the newly adopted action plan would help stabilize public finances and help gain economic recovery despite of Fitch’s downgrade.
June 24, 2013
Slovenia’s Economic Outlook to Deteriorate Further
The Institute for Macroeconomic Analysis and Development expects GDP in Slovenia to shrink more than projected earlier.
June 21, 2013
Croatia: Agrokor Becomes Biggest Retailer in SEE
After the take-over of Slovenian chain of retail stores Mercator, Croatian corporation Agrokor employs 60,000 persons in the region of former Yugoslavia.
June 18, 2013
CEESEG Exchanges Offer Very Attractive Valuations
Valuations of all exchanges in the CEE stock exchange group (CEESEG) appear to be very favourable at the moment.
June 17, 2013
Slovenia: Mercator to be Finally Sold
It is the ninth sale attempt for Slovenian trade chain Mercator today, but it could be finally sealed. Croatian corporation Agrokor is the interested party. A dozen owners will decide about the retail chain’s fate.
June 14, 2013
Slovenia: Commission’s Target to Be Achieved in September
Deputy Prime Minister and Interior Minister Gregor Virant announced that Slovenia will achieve the EU Commission’s aim for approving more budget cuts by the end of September to avoid international bailout.
June 6, 2013
Slovenia: Ex PM Convicted in Patria Case
Former Slovenian Prime Minister Janez Jansa was convicted of bribery on Wednesday in Ljubljana.
June 5, 2013
Croatia to Expect Disciplinary Procedure by EU
The Ex-Yugoslavian country has to face harder scrutinizing than its CESEE peers which joined the EU in the last decade.
June 5, 2013
Slovenia: Bailout As An Option
Prime Minister Bratusek announced her consent to introduce fiscal rule in 2015.
June 4, 2013
Slovenia: NKBM Still In the Reds
Particularly high risk provision caused the bank a net loss of € 8.5m. Even for the whole of 2013, losses are expected.
May 31, 2013
Commission Welcomes Slovenia’s Commitment
The EU Commission approved of Slovenia’s adoption of a balanced budget rule on Friday last week.
May 27, 2013
Slovenia: Huge Cuts in Complementary Budget
Foreign Ministry might be closed down since a 20 percent cut is proposed.
May 24, 2013
Slovenia: Fiscal Rule to Be Introduced in 2015
Prime Minister Bratusek announced her consent to introduce fiscal rule in 2015.
May 23, 2013
Slovenia Taking Drastic Measures
NLB plans to cut workforce by 20 percent. The Slovenian government signed an agreement with unions to cut wage costs and is discussing to raise VAT. The country is hoping for € 1bn for the selling of state-owned enterprises.
May 22, 2013
Slovenia Hoping for Soon Recovery
Crisis-struck Slovenia intends to make more room financially by starting to privatize its state-owned banks. Experts regard the process to be carried out too slowly.
May 21, 2013
Slovenia Pressed to Take “Swift and Decisive” Actions
On Monday Eurozone Finance Ministers warned Slovenia to take “swift and decisive” action to address its economic imbalances.
May 14, 2013
EU Commission Expects Austria to Agree To EUSD
Head of Eurogroup Jeroen Dijsselbloem expects a constructive approach of Austria in the debate about the automatice exchange of data of tax foreigners in Europe.
May 13, 2013
Main Investors at CEE Stock Exchange Group from US
Institutional Investors and the CEE Stock Exchange Group in 2012.
May 13, 2013
Slovenia Likely To Require More State Funds Than Expected
According to Morgan Stanley, the Slovenian national treasury will need a further amount of € 11bn until 2016. Slovenian Finance Minister Cufer is expected to present the new program in Brussels today.
May 13, 2013
Slovenia: NLB to Fire Workstaff
Slovenia's biggest bank, NLB, is to make up to 700 of its workstaff redundant.
May 10, 2013
Slovenia to Raise VAT and Sell 15 State Enterpises
Slovenia has announced to put 15 state companies up for sale and raise VAT in order to acquire revenues and avoid international bailout.
May 10, 2013
Slovenia: No Agreement on Fiscal Rule
Coalition and opposition remain divided over the question on when to implement the new fiscal law.
May 6, 2013
EU: Hungary and Slovenia Have to Act Quickly
The European Union issued warnings to Slovenia and Hungary to move quickly.
May 6, 2013
30th Financial Conference - Where are we and where are we headed?
Slovenia will witness further privatisation in 2013
May 6, 2013
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
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