No bailout required to save Slovenian banks: EU sources

Series Title
Series Details 05.12.13
Publication Date 05/12/2013
Content Type

Slovenia is expected to need as much as €5 billion to recapitalise its banks, according to sources familiar with the matter, a figure some officials claim would not require an international bailout.

Burdened by some €7.9 billion of bad loans in its mostly state-owned banking sector, Slovenia is struggling to avoid becoming the eurozone's sixth member to seek international financial assistance.

Source Link Link to Main Source http://www.euractiv.com/euro-finance/slovenia-needs-5-recapitalise-ba-news-532131
Related Links
ESO: Background information: Slovenian central bank chief warns of looming bailout http://www.europeansources.info/record/slovenian-central-bank-chief-warns-of-looming-bailout/

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