EU tells Slovenia to move swiftly on privatisation

EU Economic and Monetary Affairs Commissioner Olli Rehn says Slovenia should be able to avoid a bailout if it implements a reform programme drafted by its new government. Photo: EPA

The European Commission told Slovenia it should prepare swiftly for the planned sale of state assets as part of efforts to avoid needing international financial aid.

Thursday, 30 May, 2013, 10:09am

Action plan due for euro zone straggler Slovenia

Slovenian Prime Minister Alenka Bratusek is expected to set out a plan intended to convince Brussels that Slovenia does not need a bailout. Photo: AFP

The new government of struggling euro zone member Slovenia is expected to announce on Thursday an action plan aimed at avoiding a bailout, reportedly including privatisations, “crisis” taxes and austerity cuts.

10 May 2013 - 1:08am

Slovenia scrambles to avert bailout

Slovenian efforts to avert another eurozone bail-out have been boosted by a successful bond auction but a gloomy economic forecast and credit rating downgrade maintained pressure on the new government to draw up a convincing action plan for EU officials and financial markets.

6 May 2013 - 2:04pm

Talking points

Beijing residents have a last chance to comment on draft pollution-control regulations.

Beijing residents have a last chance today to comment on draft pollution-control regulations intended to help clean up the capital's suffocating smog. 

8 Feb 2013 - 3:25am

Central Europe's best-kept secret is out

It is billed as one of the 10 best ski destinations in Europe - but it's not France or Switzerland. You can still buy a medieval castle there, a city studio or a country retreat. And it is famous for luxury properties.

9 Jun 2010 - 12:00am

Executive sweets

German-born chocolatier Thomas Haas has finally been persuaded to bring his exotic delights to Hong Kong. The new boutique, in Miramar Tower, Tsim Sha Tsui, is already doing a roaring trade with a concierge service for business executives looking for something extra special to send to clients.

8 Nov 2009 - 12:00am

Watchdog seeks independence

The mainland's public finance watchdog is on course to become independent of government in an effort to sharpen its teeth to attack corrupt officials, according to its chief.

Auditor-General Li Jinhua said in an interview that it was the global trend that national audit offices reported to the legislature rather than the executive.

25 Jun 2007 - 12:00am

Slovenia becomes 13th EU nation to adopt euro

Slovenia adopted the euro yesterday, becoming the 13th European Union nation to use the single currency.

Minister of Finance Andrej Bajuk was the first to use a cash machine to withdraw euros.

2 Jan 2007 - 12:00am

Six live Euro 2000 matches this week

It's Euro fever this week. Well tomorrow and Wednesday anyway as CABLE go to town with several of the key play-offs.

As mentioned last week, the plum Scotland v England clashes are both on live starting with tomorrow's battle royal at Hampden on Channel 6 at the user-friendly kick-off time of 10pm.

12 Nov 1999 - 12:00am