On Friday 26 January, the European Commission opened an in-depth investigation to determine whether the new measures proposed at the end of 2017 by the Slovenian authorities concerning the restructuring of Nova Ljubljana Banka (NLB) do enough to offset the postponement of the partial sale of the bank.
The Slovenian state was supposed to have sold at least 50% of its shares in NLB by the end of 2017 and 25% of its stake holding minus one share by the end of 2018. As it has not managed to do...