International Monetary Fund Managing Director Christine Lagarde said she supports policies announced by the Slovenian government and dismissed investors’ concern that the country will be the next euro-area nation to receive a bailout.
“I would not trust the rumors,” Lagarde said in a news conference in Washington today. The country’s prime minister, Alenka Bratusek, “has indicated she wants to pursue privatization, that she wants to allow for better management of companies” close to being bankrupt and to “reinforce the capital of Slovenian banks.”
“These 3 principles are not bad principles from which to start,” Lagarde said.
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