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Second Stage of NLB Privatisation Is at Hand, Says Slovene Finance Minister

Bucharest, 20 May - The European Bank for Reconstruction and Development (EBRD) and the Slovene government at the end of last week successfully concluded talks on the sale of a five-percent state-owned stake in Slovenia's largest bank Nova Ljubljanska banka (NLB), said Slovene Finance Minister Anton Rop following the 11th annual assembly of EBRD in Romania on Monday. At the end of the two-day meeting, Rop, who met with EBRD president Jean Lemierre, said that EBRD is to pay EUR 68 million for the shares, which "opens all doors to the second phase of NLB privatisation".

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