http://www.spiegel.de/international/europe/ratings-downgrade-turns-slovenia-into-europe-s-latest-problem-child-a-848068.html
Slovenia was hit with a 3 level downgrade by USA rating agency Moody's...from A2 to Baa2.
It is now only 2 notches above 'junk'...with a 'negative' outlook.
Moody's blamed growing budget deficits and sluggish reforms.
It is likely that export dependent Ljubljana will seek a bailout from the EU.
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