PM Janša Tells ASEM Debate EU Can Learn from Asia
Janša described the financial sector as vital for any economy, noting that this was a reason why better oversight, resilience and appropriate incentives needed to be secured on the global level.
According to him, improvements are necessary in the functioning of capital markets, while funds available need to be channelled into profitable investments. Reform of pension systems could play an important role here, Janša added, according to a press release from his office.
The prime minister presented Slovenia's efforts for bridging the crisis, which include cuts to public spending, labour market reform and the securing of an investment-friendly business environment.
He stressed that Asian investors were most welcome in Slovenia, where they could use the favourable geostrategic position of the country as a springboard for the markets of central and SE Europe.
Janša concluded by calling for cooperation and partnership, arguing they were a precondition for a just and stable international economic order in the future.
The ASEM meeting, attended by leaders of 51 European and Asian countries, will end on Tuesday, when Janša will participate in debates on global challenges and the preservation of peace and stability.