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Slovenia’s New Cabinet Under Pressure to Avoid Cyprus Fate

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Slovenia’s six-day-old government is being urged to prevent the nation becoming the euro region’s next bailout battleground.

Prime Minister Alenka Bratusek’s Cabinet must quickly carry out a plan to revamp the country’s ailing lenders, the central bank said yesterday. The former Yugoslav nation needs about 3 billion euros ($3.9 billion) of funding this year, while banks need 1 billion euros of fresh capital, the International Monetary Fund said last week.