Vasle

Washington – Global economy is in trouble, but given the circumstances Slovenia is in a relatively good financial and economic shape, Finance Minister Klemen Boštjančič and Banka Slovenije Governor Boštjan Vasle said at the end of the a meeting of the IMF and World Bank in Washington, US. The talks focussed on inflation.

Ljubljana – Prime Minister Janez Janša paid a visit to Banka Slovenije on Tuesday after Slovenia’s central bank recently celebrated its 30th anniversary. He received a gold medal that represents the “connection between the central bank and the country”, the prime minister’s office said.

Ljubljana – An exhibition on Slovenia’s first currency, the tolar, was launched in Ljubljana on Tuesday as one of the events marking the 30th anniversary of the central bank. Visitors will be able to learn about the process of the planning and design of the currency, and see original portraits of figures featured on tolar banknotes.

Ljubljana – The International Monetary Fund (IMF) has downgraded its forecast for Slovenia’s growth in 2021 from 5.2% to 3.7%. For 2022, it forecasts 4.5% growth, Bernardin Akitoby, chief of the IMF mission for Slovenia, said on Friday. This means Slovenia’s economy would reach the pre-pandemic level next year.

Ljubljana – The Slovenian central bank held a virtual debate on Thursday which heard that, although payments in the eurozone are still mostly done in cash, the increasing digitalisation forces banks to consider introducing the digital euro.

Ljubljana – President Borut Pahor sent to parliament today a proposal to appoint Tina Žumer a vice-governor of central bank Banka Slovenije, while the nominee will present her bid to the public at the Presidential Palace tomorrow. Žumer is a former employee of Banka Slovenije who now works at the European Central Bank.

Ljubljana – The situation on eurozone financial markets remains stable despite the challenges brought about by the Covid-19 pandemic, mainly thanks to the support of the monetary policy and optimism related to vaccination, Banka Slovenije Governor Boštjan Vasle said after Thursday’s session of the Governing Council of the European Central Bank (ECB).

Ljubljana – Banka Slovenije and the European Investment Bank (EIB) discussed investment priorities in the wake of the coronavirus crisis. Investment success will translate into effective crisis exit strategies, said Boštjan Vasle, the governor of Slovenia’s central bank.

Vasle believes the situation is totally different than in 2013, when the state came to rescue the banks in a massive bailout: lending practices are better, there is no manager buyouts financed by loans and bank oversight is different.