Weekly Review of Slovenian Business & Economy from 1 to 7 July

Ljubljana, 9 July - The Government has adopted the draft budget memorandum for the 2007-2011 period which will serve as a basis for the 2007 and 2008 budgets and in line with which revenues and expenditures are to be balanced in 2011. Two of the most prominent Slovenian companies also made headlines, with retailer Mercator becoming a 76% owner of the retail arm of Serbian holding Rodic M&B, and Joze Zagozen the head supervisor of fuel trader Petrol announcing his resignation.