The Finance Ministry has unveiled its proposal for a transformation of the state-run KAD fund into the Demographic Fund, which is meant to shore the country's pension system in the long run. The idea is to secure up to a ten-fold increase of the fund's capital by 2040.

President Borut Pahor called for prudence in the face of the proclamation of the final ruling in international arbitration on the Slovenian-Croatian border. He suggested in an interview with Radio Slovenija that both sides should refrain from any hostile statements or actions.

The German government expects that Slovenia and Croatia will respect the decision of the border arbitration tribunal, which is to deliver its decision on Thursday. The decision made in accordance with the bilateral agreement is expected to be implemented in six months, the German Embassy said in a press release on Wednesday.

A total of 20,345 children were born in Slovenia last year, an average 56 a day. This is the ninth consecutive generation of more than 20,000 children, but the number keeps decreasing each year, due to smaller generations of women in the reproductive age (15-49 years).

The 58th Ljubljana Jazz Festival will get under way on Wednesday to bring 22 concerts in five days, including an homage to jazz legend John Coltrane by saxophonist Archie Shepp.