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Slovenia Business Week no. 03/2005: Central Bank Expects Inflation Will Continue to Drop

The Bank of Slovenia expects that core inflation will drop towards 2.5 percent as a result of the gradual curbing of overall inflation

The Bank of Slovenia expects that core inflation will drop towards 2.5 percent as a result of the gradual curbing of overall inflation. Slovenia could thus meet the inflation criteria for eurozone entry by the middle of next year, the central bank board of governors reported after its session on Thursday, 13 January.  

Discussing the macroeconomic situation, the central bankers also noted that loan growth slowed down in the recent months, although is still high, buoyed by strong GDP growth and low interest rates. The share of loans denominated in foreign currency is dropping, but it remains an important form of crediting.

The governors furthermore eased regulations on minimum liquidity requirements - they expanded the list of securities that banks can use to include appropriately rated domestic serial debt securities regardless of maturity date.


Source: Slovene Press Agency STA

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