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Govt Adopts Bill Establishing a Bad Bank

Ljubljana, 20 September - The government adopted on Thursday a bill setting up a bad bank in a bid to purge bank balance sheets of soured loans and kick-start lending. The operation will cost an estimated EUR 4bn in state guarantees, Finance Minister Janez Šušteršič explained.

Ljubljana
Finance Minister Janez Šušteršič addresses reporters after the weekly government session.
Photo: Daniel Novakovič/STA

Ljubljana
Finance Minister Janez Šušteršič addresses reporters after the weekly government session.
Photo: Daniel Novakovič/STA

Ljubljana
Finance Minister Janez Šušteršič addresses reporters after the weekly government session.
Photo: Daniel Novakovič/STA

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