Austerity Debate Continues in Slovenia

Slovenia’s debt and deficit are still manageable. Even in the worst-case scenario, the cost of recapitalizing the banks and funding the bad bank amounts to no more than about 10 percent of Slovenia’s gross domestic product. This would increase the government’s debt burden to about 75 percent of GDP, still less than that of most other euro-area governments, including Germany.  Article 36064_miki-muster1_show[1]

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