Central bank says Brexit effect on Slovenian economy indirect
Today marks a milestone when it comes to Brexit, which has been posing a major risk to the EU economy and consequently also Slovenia's economy, said the central bank in a statement released on Friday.
The immediate direct effect on the country's economy will be marginal due to a modest share of exports to the UK (2% of all Slovenia's exports).
"Banka Slovenije estimates that a potential effect of Brexit on the Slovenian economy will be seen in the share of indirect goods trade - the participation of Slovenian companies in international supply chains," said the central bank.
It agreed with the European Central Bank (ECB), the International Monetary Fund (IMF) and the World Bank that a final overview of the consequences would be available at the beginning of next year when the transition period will be over.
A number of difficult issues remain open, including a new trade deal between the EU and the UK, highlighted Banka Slovenije.