The Slovenia Times

Public Debt Exploding to 105% of GDP by 2030?


The commission's projections show that under a no-policy-change assumption, Slovenia's debt would increase from 62.3% of GDP in 2014 to 75.5% in 2020 and 105.5% in 2030. This is why Brussels calls on Slovenia to take action to ensure that the debt ratio is put on a long-term downward path.

In the report released on Tuesday, the Commission urges Slovenia to focus on "resolutely continuing to implement sustainability-enhancing measures that avert potential risks to fiscal sustainability", also by further containing age-related expenditure growth, including through pension reform.

The Commission's projections show that total age-related public expenditure in the period 2010-60 would increase much faster than EU average in Slovenia; by as much as 10.3 percentage points of GDP, against an EU average of 2.9 points of GDP.


More from Nekategorizirano