Slovenia Should Focus on Fixing Banks Before Bailout Plea
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Slovenia should work on fixing its banks and overhauling the pension system and labor market before requesting aid, said Angel Gurria, the secretary general of the Organization for Economic Cooperation and Development.
“Why don’t we spend some time trying to go for the pension reform in Slovenia, labor market reform, the banking reform, the budget adjustment process, the state-owned enterprise changes,” Gurria told reporters on the sidelines of a business forum in the Alpine resort of Bled, Slovenia today. When these changes are passed “and the markets are still attacking, then I would say, yes let’s ask the family to help. Are we there yet? Certainly not,” he said.