Economy Forecast to Shrink by 4%, PM Says No Reason for Panic

Ljubljana, 24 March - The Slovenian economy will shrink by 4% this year, according to forecasts by the government Institute for Macroeconomic Analysis and Development (IMAD). Prime Minister Borut Pahor said that there was no reason for panic.

Ljubljana Session of the Strategic Economic Council, an advisory body. Photo: Daniel Novakovic/STA

Ljubljana
Session of the Strategic Economic Council, an advisory body.
Photo: Daniel Novakovic/STA

Ljubljana Session of the Strategic Economic Council, an advisory body. Photo: Daniel Novakovic/STA

Ljubljana
Session of the Strategic Economic Council, an advisory body.
Photo: Daniel Novakovic/STA

Ljubljana Session of the Strategic Economic Council, an advisory body. From left to right: Labour Minister Ivan Svetlik. Higher Education Minister Gregor Golobic, and Prime Minister Borut Pahor. Photo: Daniel Novakovic/STA

Ljubljana
Session of the Strategic Economic Council, an advisory body.
From left to right: Labour Minister Ivan Svetlik. Higher Education Minister Gregor Golobic, and Prime Minister Borut Pahor.
Photo: Daniel Novakovic/STA

Ljubljana Session of the Strategic Economic Council, an advisory body. From left to right: Labour Minister Ivan Svetlik. Higher Education Minister Gregor Golobic, and Prime Minister Borut Pahor. Photo: Daniel Novakovic/STA

Ljubljana
Session of the Strategic Economic Council, an advisory body.
From left to right: Labour Minister Ivan Svetlik. Higher Education Minister Gregor Golobic, and Prime Minister Borut Pahor.
Photo: Daniel Novakovic/STA

Ljubljana Session of the Strategic Economic Council, an advisory body. From left to right: Labour Minister Ivan Svetlik. Higher Education Minister Gregor Golobic, and Prime Minister Borut Pahor. Photo: Daniel Novakovic/STA

Ljubljana
Session of the Strategic Economic Council, an advisory body.
From left to right: Labour Minister Ivan Svetlik. Higher Education Minister Gregor Golobic, and Prime Minister Borut Pahor.
Photo: Daniel Novakovic/STA

Ljubljana Session of the Strategic Economic Council, an advisory body. From left to right: Higher Education Minister Gregor Golobic, Economy Minister Matej Lahovnik, Prime Minister Borut Pahor and Labour Minister Ivan Svetlik. Photo: Daniel Novakovic/STA

Ljubljana
Session of the Strategic Economic Council, an advisory body.
From left to right: Higher Education Minister Gregor Golobic, Economy Minister Matej Lahovnik, Prime Minister Borut Pahor and Labour Minister Ivan Svetlik.
Photo: Daniel Novakovic/STA

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