Nevertheless, he pointed to risks stemming from economic cooling, which could lead to a collapse and which could affect the Slovenian export-oriented economy.

It is unlikely that exports at the EU level will significantly shrink, yet this is possible, especially if a trade war in which the EU is involved is given a sudden fresh impetus, said Bole from the EIPF think-tank.

Still, a potential crisis would not affect Slovenia as the one in 2009, because the country is in a better fiscal situation and its economy is much more resilient.

But Bole also highlighted some of the old problems which he said had been caused by the previous governments, such as the pressure from higher wages on public finances and a tax reform.

He believes the new government should tackle both issues as soon as possible, but wondered whether "it would at all make sense to pursue a neutral tax reform".

The 20th Portorož Business Conference is subtitled Business Tomorrow: Are You Planning Five Moves in Advance.

It is examining the decisions and strategies that have helped companies get through hard times successfully.

It is organised by the Ljubljana Faculty of Economics and the business newspaper Finance.