Stimulus Package

Ljubljana, 2 February – As the National Assembly is convening today to pass the 8th coronavirus relief package, Matej Lahovnik, the economist heading the taskforce preparing the mitigation measures, suggested it was now time to start thinking about an exit strategy.

U.S. President Joe Biden on Friday ordered the faster issuance of pandemic stimulus checks to needy families and increased food aid for children who normally rely on school meals, an effort to ease Americans' burdens while Congress negotiates over his proposed $1.9 trillion economic stimulus package.

Ljubljana – Lawyer and former Information Commissioner Nataša Pirc Musar believes that the funding of the STA under the most recent coronavirus stimulus package does not have to be assessed by the European Commission because, as claimed by the government. STA’s funding does not constitute state aid nor is there an administrative relationship.

Ljubljana – The Fiscal Council has warned that the latest legislative stimulus package contains certain provisions that may worsen the structure of public finances, including the proposal for simplified retirement and one-off aid to population groups not directly affected by the coronavirus epidemic.

Ljubljana – A new stimulus package designed to mitigate the impact of the coronavirus on the economy entered into force on Saturday after being published in the Official Gazette on Friday. The legislation extends several existing measures, while a major novelty is help with fixed expenses.

Parliament adopted in a 51:11 vote on Wednesday the sixth stimulus package designed to mitigate the impact of the coronavirus on the economy. The legislation extends several existing measures, while a major novelty is help with fixed expenses. The opposition was mainly critical of what it sees as “cuckoos” inserted in the package.

European battery makers are gearing up to take advantage of massive "green" stimulus packages unveiled since the coronavirus pandemic, though many acknowledge it will be tough to match the Asian giants that dominate the mainstream market.

That is why some European companies are focusing on niche markets and new technologies rather than taking on Chinese and South Korean firms.

The global economy could shrink 0.9% this year due to the coronavirus pandemic, the U.N. Department of Economic and Social Affairs (U.N. DESA) said on April 1. 

The world output could contract further if imposed restrictions on economic activities extend to the third quarter, and fiscal responses fail to support income and consumer spending, the U.N. body said.

The government has said it will expand its stimulus package to more sectors of the economy battered by the state-decreed suspension of the activity of businesses to halt the spread of the Ccoronavirus.