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Slovenia has slipped back into recession as its real GDP declined by 2.3 % in 2012. The recession and the associated credit crunch have created a very difficult situation for most SMEs. Financial instruments of the Slovenian Enterprise Fund and of SID bank have worked well but, as the banking system remains fragile and lending constrained, further measures might be needed for lending to SMEs to resume.
In this weak macroeconomic context with falling export market shares and low stock of foreign direct investment, facilitating investment through improving the business environment is crucial. An improved business environment could help in attracting foreign investment and boosting exports. Currently there are bottlenecks that hinder investment, such as long procedures, regulated professions, lengthy judicial proceedings and inefficiencies in insolvency procedures.
Slovenia’s performance in innovation is close to EU average. Slovenia has to preserve its relative performance but in order to do so it has to overcome some specific hurdles like the level of the budget financed investment which decreased significantly. Measures to promote research and innovation are essential in order to move the country to a more knowledge-intensive economy. European Union
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Povezane vesti na srpskom
Συναφείς Ειδήσεις στα Ελληνικά