‘We will satisfy Brussels in 2015, but will be worse off’

Published on 1 October 2013 at 08:24

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Slovenia will have to wait until November to find out whether its 2014 budget, adopted on September 30, complies with European Commission rules.

Lublijana pledged to keep the country’s deficit at 2.5 per cent of GDP in 2015, but this depends on many unknown factors, the biggest being the costs of overhauling the banking system.

But even if Slovenia meets Brussel’s expectations, it will probably fail to meet those of the people, with economic growth expected to decrease more rapidly in the forthcoming year, the number of unemployed people unlikely to fall in next two years and real wage growth set to remain negative until 2015, writes Dnevnik.

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