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Minister Says Bad Claims Will Not Cost State More Than EUR 1bn

Ljubljana, 7 September - Finance Minister Šušteršič announced on Friday that a bill paving the way for a state-controlled bad bank would be ready within two weeks and that costs of bonds issued to cover the bad claims of Slovenian banks would not exceed EUR 1bn.

A Slovenian Bank Association panel dedicated to austerity measures and fiscal policy.
Pictured: Bank Association France Arhar, Banka Slovenije Governor Marko Kranjec and economist Jože Mencinger
Photo: Daniel Novakovič/STA

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© STA, 2012