Govt Adopts Regulation on Bank Guarantees

Ljubljana, 4 December - The government adopted on Thursday a regulation setting down criteria for banks which want to use EUR 12bn in state guarantees until 2010. Banks will have to pay fees depending on their rating, while the guarantees will be confirmed by government decree at the proposal of the Finance Ministry.

Ljubljana
Prime Minister Borut Pahor speaking to the press after the cabinet session.
Photo: Daniel Novakovic/STA

Ljubljana
Finance Minister Franc Krizanic (left, alongside PM Borut Pahor) announces banks will have to pay fees to get state guarantees for loans.
Photo: Daniel Novakovic/STA

Ljubljana
Finance Minister Franc Krizanic announces banks will have to pay fees to get state guarantees for loans.
Photo: Daniel Novakovic/STA

Ljubljana
Prime Minister Borut Pahor speaking to the press after the cabinet session.
Photo: Daniel Novakovic/STA

The rest of this news item is available to subscribers.
The news item consists of 1.112 characters (without spaces) or 208 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

sm/bg/gj
© STA, 2008