The Slovenia Times

Decision on Bad Bank Deferred to Wednesday


The voting had already been deferred last week after 30-odd amendments were filed to the 36-article bill, causing significant internal inconsistencies.

The bad bank set up under the bill will take over Slovenian banks' non-performing loans in exchange for bonds backed by up to EUR 4bn in state guarantees.

The bad bank should make it possible for the banks to clean up their balance sheets and start lending to businesses again as they are expected to be able to obtain financing from the European Central Bank.


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