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.
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