Slovenia to avoid bailout if stabilization measures adopted

Slovenia won't need an international rescue package if stabilization measures are adopted by the end of the year, Prime Minister Janez Jansa said, Bloomberg reported.The government is pushing ahead with measures to stabilize the ailing banking industry, to consolidate public...

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Slovenia to avoid bailout if stabilization measures adopted



bne - 08.10.2012

Slovenia won't need an international rescue package if stabilization measures are adopted by the end of the year, Prime Minister Janez Jansa said, Bloomberg reported.
The government is pushing ahead with measures to stabilize the ailing banking industry, to consolidate public finances as well as overhaul the pension system and the labor market, Jansa told reporters today in Bratislava, Slovakia. With all these efforts, passing necessary decisions by years end, I think Slovenia is on the safe side and we will come out of waters when there are question marks about a possible bailout, Jansa said. This will also improve the countrys situation on financial markets."
Source: bne


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