Business News

PM Reassures Business Govt Serious about Stimulus

Ljubljana, 16 April (STA) - Prime Minister Alenka Bratušek told top Slovenian executives Tuesday that her government was actively crafting stimulus measures to help businesses. $Only if we create enough can we distribute enough, not vice versa,$ she said.

Meeting top officials of the Chamber of Commerce and Industry (GZS), the Manager Association and the Slovenian Employers' Association, Bratušek said it was vital that the state help the economy.

Though she did not discuss specific measures, she announced the formation of a development council, a six- to eight-member team headed by the boss of industrial conglomerate Kolektor, tasked with advising the government.

Slovenia has been a success story before, and it can become one again given appropriate measures, she said.

GZS president Samo Hribar Milič said businesses were concerned about the current situation but still optimistic and confident that "Slovenia is in control and deciding on its destiny itself."

He told the government to address the credit and capital crunch and make the business environment more competitive.

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