Movements in Slovenian Economy from 17th to 22nd January
Ljubljana, 24 January - REVIEW/WEEK/ECONOMIC
The main event of the week was a new method of repaying old debts to the Consortium of Commercial Banks, which is based in the USA. The method was adopted by the Slovenian government. Since negotiators failed to reach an agreement on Slovenia's share of joint Yugoslav debts, Slovenia decided to start channelling its portion of debt to a special bank account in Luxembourg from January 18, when repayment of the principal fell due.
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