Business News

PM Announces Set of Crisis Measures and Reforms for Next Year

Ljubljana, 22 December (STA) - Prime Minister Borut Pahor announced at Tuesday's press conference that the government will prepare at the beginning of 2010 a package of short-term crisis measures as well as enter into social dialogue with a set of structural reforms.

Pahor announced the measures and reforms at a press conference outlining a "new contribution to creating a new sustainable vision for Slovenia's future," as stated in the invitation to the conference.

According to the prime minister, the desired effects of reforms include a more competitive society and economy. Reforms also aim at establishing the right balance between competitiveness and solidarity, "so that we are in the same boat when the crisis is shouldered and when we will surf on the wave of economic growth".

The crisis measures will be aimed at helping the Slovenian economy maintain its competitiveness both at home and abroad and at preserving jobs. "Unemployment will be the biggest problem next year," Pahor added.

The most productive economies are announcing the doubling of the number of jobless, the prime minister said. He added that the government had made sure with the measures that the crisis did not hit those who were the least responsible for the crisis as hard as it might have.

One of the goals is to have a stable economic growth, which would revolve around 1% at the annual level, which is in our opinion enough to compete with other countries," Pahor said.

The government wants to reduce the budget deficit by 0.5 percentage points at the annual level, planning that the deficit will return under 3% of GDP in 2013, according to the prime minister.

You might be also interested in:


We are here to help you.