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Review of Slovenia's Economy between 8 and 14 March

Ljubljana, 16 March - The Slovenian-Croatian agreement on the Krsko Nuclear Power Plant came into force last week, after the Croatian government received a diplomatic note from the Slovenian Foreign Ministry, informing it that the accord was ratified by Slovenia. The Croatian MPs later in the week rejected the annulment of Croatia's ratification of the accord, which was proposed by the opposition Croatian Liberal Democrats (HSLS). The Slovenian government, meanwhile concluded with the privatisation of Nova Ljubljanska banka (NLB), Slovenia's largest bank. It moreover passed a new retail pricing model for petrol so as to avoid large jumps in prices that could take place in the event of a war in Iraq. In a bid to curb inflation, the Bank of Slovenia council lowered the interest rate for the temporary purchase of euros by 0.5 percentage points.

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