Bailout Nr.5? Euro Zone Eyes Slovenia’s Troubled Banks

The euro crisis has been on the back burner during the summer of 2013, but the problems facing banks in Slovenia are coming to a head in September 2013 according to this article. Billions of euros in bad loans make the country a candidate for the next bailout.

In October 2013 the head of Slovenia's central bank, Bostjan Jazbec, said it would consider asking for outside help if the country's funding costs stayed high.

ESO: Background Information: Brussels gives seven states more time to fix budgets http://www.europeansources.info/record/brussels-gives-seven-states-more-time-to-fix-budgets/

ESO: Background information: Slovenia unveils reforms as it seeks to avoid EU bailout http://www.europeansources.info/record/slovenia-unveils-reforms-as-it-seeks-to-avoid-eu-bailout/

Website: Bank of Slovenia http://www.bsi.si/en/

EurActive, 13.09.13: ECB ‘interested’ in bailing out Slovenia http://www.euractiv.com/euro-finance/ecb-interested-bailing-slovenia-news-530418

Deustche Welle, 14.09.13: Slovenia insists it can save its own banks http://dw.de/p/19hQp

BBC News, 08.10.13: Slovenia may seek help for its faltering banks http://www.bbc.co.uk/news/business-24448954

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