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Slovenia Business Week no. 08/2005: Jansa Says Government Will Heed Constructive Criticism on Economy

Slovenia was not in any way rebuked in the European Commission's assessment of its supplemented programme for euro adoption until 2007, instead it got some constructive criticism, the Slovenian Prime minister has said

Slovenia was not in any way rebuked in the European Commission's assessment of its supplemented programme for euro adoption until 2007, instead it got some constructive criticism, the Slovenian Prime minister has said.

Speaking at a press conference on Wednesday, 16 February, Janez Jansa said Slovenia would carefully study the constructive criticism it got and act accordingly.

Jansa also explained the convergence programme sent to Brussels was for the most part compiled by the old government and that it does not reflect the goals of the new government's economic programme for this year.

"It is highly likely that certain things in the programme will be amended on the basis of the Commission's findings," he added.

The Commission assessed Slovenia's updated stability and convergence programme until 2007 as "plausible", but lacking in ambition. It urged Slovenia to "seize every opportunity to accelerate the reduction of its deficit and to improve the long-term sustainability of its public finance".

Jansa explained that one of the priorities of the government's plan for 2005 is to work on meeting euro zone membership conditions. The key task in this respect will be to reduce inflation, especially in the second half of the year, he said.

Source: Slovene Press Agency STA

Author: STA