Slovenia's New Cabinet Faces Bank Challenge, Fitch Says
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Slovenia’s new government needs to fix the country’s troubled banks and complete an overhaul of the economy to avoid a bailout, Fitch Ratings said.
Slovenia “will be able to avoid requesting international financial assistance” if the two-day-old Cabinet of Premier Alenka Bratusek maintains investor confidence and the ability to borrow “at reasonable terms” while implementing legislation to set up a so-called bad bank, Matteo Napolitano, director at Fitch in London, wrote in the report released today.