Arab Today, arab today slovenia pm optimistic over fragile economic recovery
Last Updated : GMT 05:42:12
Arab Today, arab today
Arab Today, arab today

Slovenia PM optimistic over 'fragile' economic recovery

Arab Today, arab today

Arab Today, arab today Slovenia PM optimistic over 'fragile' economic recovery

Slovenia PM Miro Cerar
Sezana - AFP

Slovenia's economy has improved significantly over the last six months, but the recovery is still fragile and more reform measures are needed, Prime Minister Miro Cerar said Saturday.
"We are aware that this is a fragile situation that demands many more measures, this is no time for breaks," Cerar told AFP on the sidelines of a first national convention of his Modern Centre Party (SMC), which was founded in June last year.
"I am an optimist since we're not talking only about positive trends, but also about (economic) activities picking up and that is good," he added.  
With a set of austerity measures and the recapitalisation of state-owned banks adopted by the previous Alenka Bratusek government, the eurozone nation of two million narrowly escaped needing a bailout in 2013.
Slovenia's economy has recovered from a two-year recession, with gross domestic product growing by 2.6 percent in 2014 while the government expects a more modest, two percent expansion this year.
"In a very short period of time, we've consolidated public finances, our ratings have improved, yields (on Slovenian bonds) are dropping, the economy is expanding and unemployment is decreasing."
"We need to continue on this path and hope that the political and economic environment in Europe will remain stable," Cerar told AFP.
Under the European Commission's close watch, the previous Slovenian government also pledged to privatise 15 state-owned companies as part of wider measures to shore up its finances.
But unions, economists and even a junior coalition party have called for a stop to privatisation at least for strategic firms such as the country's largest telecommunications operator Telekom.
"Privatisation must continue, even for Telekom," Cerar said adding "that is a committment made at the highest level of the state.... The process is at a stage at which there is no way back."
Only a month after its foundation, the Miro Cerar Party won a third of all votes at the July 2014 early elections, becoming the largest parliamentary party, with 36 out of 90 seats.
The party, that also joined the Alliance of Liberals and Democrats for Europe (ALDE), held on Saturday its first regular convention to adopt a new name, dropping "Miro Cerar" and becoming the Modern Centre Party (SMC).

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today slovenia pm optimistic over fragile economic recovery Arab Today, arab today slovenia pm optimistic over fragile economic recovery

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today slovenia pm optimistic over fragile economic recovery Arab Today, arab today slovenia pm optimistic over fragile economic recovery

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday