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Kranjec Says No Bailout Needed If Urgent Measures Are Adopted

Ljubljana, 12 September - Banka Slovenije governor Marko Kranjec said on Wednesday that the central bank's working hypothesis was that Slovenia would not need a bailout in case political consensus can be found to enforce urgent measures. As regards the state of banks, he said they would not return to profit before they clean up their balance sheets.

Banka Slovenije governor Marko Kranjec speaks before the management board of the Slovenian Chamber of Commerce and Industry (GZS) .
Photo: Daniel Novakovič/STA

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© STA, 2012