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Review of the Slovene Economy from 10 to 16 August

Ljubljana, 18 August - The council of the Bank of Slovenia last week unanimously approved the request of the Belgian banking and insurance group KBC for the acquisition of a 34-percent qualifying share in Nova Ljubljanska banka (NLB). If the KBC attempts to increase its share in Slovenia's largest bank, it will again have to ask the central bank for a go-ahead. Also making the headlines last week was the health insurer Vzajemna, which after a marathon session found that the company had been operating in line with regulations, thus rejecting allegations of wrongdoing which emerged in the press.

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