Bad bank's operation extended until 2022

Ljubljana, 18 December - Parliament voted on Friday to extend the operation of the Bank Asset Management Company (BAMC) by five years and give it additional restructuring tools. While the stated goal is increasing the value of assets before disposal, the opposition has warned the bad bank's independence is being undermined.

Ljubljana Regular session of the National Assembly Photo: Daniel Novakovič/STA

Ljubljana
Regular session of the National Assembly
Photo: Daniel Novakovič/STA

Ljubljana Regular session of the National Assembly Photo: Daniel Novakovič/STA

Ljubljana
Regular session of the National Assembly
Photo: Daniel Novakovič/STA

The rest of this news item is available to subscribers.
The news item consists of 1.622 characters (without spaces) or 326 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

sm/jb/sm
© STA, 2015