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Prime Minister Janez Janša: We re not planning any cuts, we re planning recovery

Deputy Bratušek asked the Prime Minister about the effects of the adopted anti-crisis measures, their long-term consequences, and the effect on the country and public finances. In his reply to the question and claims about over-indebtedness at the time of the epidemic, the Prime Minister emphasised that funds borrowed by Slovenia last year were intended for the people and the economy to preserve jobs. Slovenia went into debt, but it did not indulge in over-borrowing and its indebtedness was below the EU average. He also highlighted that Slovenia borrowed money at a favourable rate during the epidemic. Bonds with negative interest rates were issued, which means that the taxpayers will return less than Slovenia borrowed. He emphasised that money was spent on saving banks several years ago. Among these were two tycoon banks in which you invested half a billion euros so that those who would have become bankrupt at the time if these debts had been recovered are today enjoying their yach

Slovenia Retail Sales Rise In December

Slovenia Retail Sales Rise In December The retail trade turnover rose 0.1 percent month-on-month in December. Sales in specialized stores except motor fuels increased by 0.8 percent monthly in December and retail sales with automotive fuel rose by 0.5 percent. Sales of food, beverages, tobacco grew 0.3 percent and those of non-food stores gained by 0.2 percent. On an annual basis, the retail trade turnover fell 13.3 percent in December. In 2020, retail trade turnover fell 9.7 percent compared to the previous year. Copyright RTT News/dpa-AFX

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