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OECD Slashes Slovenia's Growth Outlook Due to Austerity, Calls for Reforms

Paris, 22 May - While assessing the Slovenian government's savings package as ambitious, the OECD warned Tuesday that the austerity would cause a bigger shrinking of the economy than initially expected, forecasting a contraction of 2% of GDP for Slovenia for this year. It therefore called for reforms to promote growth.

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