Titoli di Stato area Euro SLOVENIA - Operativo titoli di stato

[tommy271]

Slovenia to consider bailout if yields stay high -cenbank

LJUBLJANA | Tue Oct 8, 2013 4:24pm IST





Oct 8 (Reuters) - Slovenia will consider outside help to deal with its ailing banking sector if its funding costs remain high, the country's central bank governor said on Tuesday.

"That (asking for aid) is possible if yields on Slovenian securities remain high," Bostjan Jazbec said, adding that everything Slovenia was doing at the moment aimed at bringing yields down.

"If that is not successful then there is a possibility to ask for help within various programmes," he said.

 

[tommy271]

PM Bratušek Says No Need for Bailout, Budget Prepared Well





Ljubljana, 8 October (STA) - Prime Minister Alenka Bratušek has reiterated for the STA her view that Slovenia will not ask for an EU-sponsored bailout, adding that the 2014 budget has been prepared well, so it will not need to be revised. If the country manages to restructure its banks, it will exit the crisis as early as 2014, Bratušek also said

 

[tommy271]

Central Bank Significantly Downgrades GDP Forecast (adds)




Ljubljana, 8 October (STA) - Banka Slovenije has downgraded its GDP forecast for Slovenia to -2.6% for 2013 and -0.7% for next year. The economy is meanwhile projected to return to growth - that of 1.4% - in 2015.

 

[tommy271]

IMF Projects 1.4% Contraction for Slovenia in 2014





Washington, 8 October (STA) - The International Monetary Fund (IMF) has further downgraded its economic forecast for Slovenia in its latest outlook; the country's GDP is projected to collapse by a 2.6% this year and by another 1.4% in 2014.

Aside from Slovenia, Cyprus is the only euro country to remain in recession next year.

 

[tommy271]

Slovenia: ?Decidono il destino del paese, ma non rivelano i contatti con il lobbisti? | Presseurop.eu: notizie europee, vignette e rassegne stampa

 

[tommy271]

Lo spread sloveno (sul bund) è in fase di recupero negli ultimi giorni, dopo aver raggiunto i 500 pb. ... in questo momento si trova a 460 pb.

 

[tommy271]

Best for Slovenia to avoid financial aid: Eurogroup head | Reuters

 

[tommy271]

Primo piano - L'Fmi chiede alla Slovenia di ricapitalizzare subito le banche

 

[tommy271]

IMF urges Slovenia to recapitalise banks






Slovenia must immediately address the issue of recapitalising its banks, the head of the International Monetary Fund's mission to the country said .
Slovenia is struggling to avoid becoming the next eurozone state to take an international bailout under the weight of 7.9 billion euros ($10.9bn) of bad loans in the mostly state-owned banking sector.


"Bank recapitalisation is an urgent issue that has to be addressed immediately," Antonio Spilimbergo told a news conference in Ljubljana.
Bank of Slovenia's governor, Bostjan Jazbec, who also sits on the European Central Bank's governing board, said it was unclear whether Slovenia will recapitalise its banks later this year or next year.


"We have to wait for the results [of external stress tests of Slovenian banks] ... which are due at the end of November and then decisions regarding recapitalisations will be made," Jazbec told the same news conference.


The government has reserved 1.2 bn euros for recapitalisation of its main banks, but analysts believe the tests may show significantly higher capital needs.


Spilimbergo said that Slovenian authorities were determined to solve the country's financial crisis by themselves and added that they were taking "strong action" in that direction.


When asked, Jazbec said he was "confident" Slovenia would be able to avert a bailout.


Spilimbergo also said Slovenia cannot afford its present pension system and that reform of management at public-sector companies is needed, adding: "We strongly believe that privatisation is important in Slovenia right now."


The government hopes to avert a bailout by raising taxes, cutting spending and through privatisations including telecoms provider Telekom Slovenia.


Slovenia was the fastest-growing eurozone member in 2007, but was badly hit by the global crisis due to its dependence on exports.


Since 2012 it has been in a recession caused by lower demand for its exports, a credit crunch and falling domestic consumption.


(Reuters)

 

[tommy271]

Večer Says IMF Looking for Ways to Preserve the System





Maribor, 29 October (STA) - One must keep in mind that people are not the main concern of the International Monetary Fund (IMF), the daily Večer says on Tuesday, a day after the IMF presented its recommendations for Slovenia. "Put simply: the citizen must be stripped naked while there is still something to take."


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Sintetica ed efficace la "Slovenska Tiskovna Agencija" ... .