The pact for 2015-2016 could be initialled today or on Tuesday, when the set deadline expires.

The talks between the government, trade unions and employers were expected to conclude on Friday, but the parties failed to reach an agreement on the exclusion of bonuses from the definition of minimum wage, proposed by trade unions.

As employers strongly opposed to the idea, this item was excluded from the social pact. Trade unions decided to continue the negotiations, saying that they will fight for the redefinition of minimum wage with other means, including with protests.

Taxation of the economy as the other major issue meanwhile saw the three sides reach an agreement. Employers have already agreed in principle on the government's proposal to put an additional burden on businesses only in case of "force majeure".

The last remaining open issues thus include indexation of wages with inflation and productivity, with the government reportedly not being inclined to the idea to tie wages to the growth of consumer prices.

Should the negotiations conclude successfully today, the social pact for the 2015-2016 period could be initialled on the same day or on Tuesday, with the official signing to follow by the end of the month.

It will be the first social pact after five years of negotiations, with the previous one being adopted for the 2007-2009 period, during the tenure of the Janez Janša government.