Bloomberg News

Slovenia Won't Need Aid If Measures Enacted, Kranjec Says

September 17, 2012

Slovenia won’t need an international bailout if the government adopts and carries out the measures it’s announced, central bank Governor Marko Kranjec said.

“If the government enacts all the stabilization measures it has announced, the credit rating would then be improved and therefore there would not be a need for Slovenia to ask for financial assistance,” Kranjec said today in an interview with public broadcaster Radio Slovenija.

Prime Minister Janez Jansa’s government is working on a plan to recapitalize the country’s banks and overhaul the labor market and pensions system. Economists have said Slovenia may become the next euro-region nation to ask for a bailout to prop up its banking industry.

To contact the reporter on this story: Boris Cerni in Ljubljana at bcerni@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus