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Weekly Review of the Slovene Economy between 20 and 26 April

Ljubljana, 28 April - The top business news in Slovenia last week involved two government-related projects, namely the privatisation of the second-largest Slovene bank and the flotation of the Slovene telco on the stock exchange. The government thus decided on Thursday to suspend the privatisation of the NKBM which is Slovenia's second-largest bank with a 11.7 percent market share. According to Finance Minister Anton Rop, the next step from this decision should involve the drafting of a new privatisation programme that would likely involve a smaller stake in the bank being sold. Moreover, on Friday the supervisory board of Telekom Slovenija yielded to government pressure and put off a flotation on the Ljubljana Stock Market until the privatisation programme for the telco is agreed upon.

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