Slovenia Told by EU to Address Economic Challenges Decisively

Slovenia needs to do more to make economy more competitive, European Commission Spokesman Simon O’Connor tells reporters in Brussels today. *“Much remains to be done, of course, both in terms of fiscal consolidation and structural reforms to boost competitiveness and job creation in Slovenia, and we trust the authorities will continue to address these challenges decisively:” O’Connor *“Slovenia has taken important steps in the recent past to address the serious economic challenges the country is facing, most notably in terms of recapitalizing and repairing the banking sector:” O’Connor *Commission following developments in Slovenia “very closely:” O’Connor *European Commission to assess Slovenia’s progress as part of assessment of all EU countries’ economies on June 2 *NOTE: Slovenian Premier to Meet President as Coalition Set to Fall NSN N4QG926KLVR7<GO>

To contact the reporter on this story: Ian Wishart in Brussels at iwishart@bloomberg.net

To contact the editors responsible for this story: Alan Crawford at acrawford6@bloomberg.net

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