Popular Posts
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- HUNGARY: IMF Talks End Abruptly With $20 Billion Euros At Stake; Big Forint Sell-off.
- CROATIA/SERBIA: "Historic" New Talks Stress Cooperation.
- POLAND: New Central Bank Chief Wants Regional Austerity.
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- BRASIL:1ST UPDATE: Ramalho Refuses Job Offer; Menezes Named National Coach.
- PUERTO RICO: The Enigma of Tourism.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- COLOMBIA: Capturing The Beauty In Beauty Contests.
- VENEZUELA: Chavez Shuffles Cabinet With 9 New Apointments.
10 May 2013
SLOVENIA : Large State Sell-Off Hopes To Stave-Off Bailout.
New PM Alenka Bratusek revealed a proposal to sell off 15 state enterprises... including a bank, an airline and a telecom...as well as raising the VAT by 2%...to avoid asking for a EU bailout.
But last week's successful 3.5 billion euro/$4.6 bond sale relieved some fiscal pressures... even after Moody's had cut its bonds to 'junk' status.
The EC will now consider the proposal.
Slovenia has been stuck in recession since 2011.
http://www.bbc.co.uk/news/business-22462604
