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Europe Daily Bulletin No. 10813

23 March 2013
ECONOMY - FINANCE / (ae) slovenia
Ljubljana will not be applying for financial aid

Brussels, 22/03/2013 (Agence Europe) - Marko Kranjec, a Slovenian member of the European Central Bank's Governing Council, said on Friday morning that he did not think Slovenia would find itself in the same situation as Cyprus. Ljubljana is seen by some commentators as the next country to request international aid to help it bail out its banks. The country's three biggest banks, which between them hold €7 billion of bad debt (20% of Slovenian GDP) are state-owned.

On Wednesday evening,...

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