Slovenian Public Debt Rose to 47.4% of GDP in 2011, STA Reports

Slovenia’s public debt increased to an estimated 47.4 percent of gross domestic product, or 16.8 billion euros ($22 billion), at the end of 2011, STA newswire reported, citing Finance Minister Janez Sustersic.

Public debt more than doubled since the introduction of the euro in 2007, when it amounted to 23 percent, the European Commission said in a November report.

To contact the reporter on this story: Boris Cerni in Ljubljana at bcerni@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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