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Slovenia Business Week no. 22/2005: Slovenia a Safe Investment Destination, Bajuk Says at EBRD Forum

Finance Minister Andrej Bajuk has underscored that Slovenia is a low-risk destination for foreign investment as he presented the country at a business forum held as part of the European Bank for Reconstruction and Development's (EBRD) annual meeting in Belgrade

Finance Minister Andrej Bajuk has underscored that Slovenia is a low-risk destination for foreign investment as he presented the country at a business forum held as part of the European Bank for Reconstruction and Development's (EBRD) annual meeting in Belgrade on Sunday, 22 May. According to Bajuk, Slovenia enjoys wide economic and political stability. Moreover, the new Slovenian government has made it its priority to create an equal playing field for domestic and foreign investors.

The government is also hoping to downsize the public administration, while the country's main economic priority is to join the euro in 2007. As part of efforts to join the eurozone, Slovenia will have to continue bringing down inflation, he said.

Moreover, Bajuk claimed the government would not block privatisation of the banking sector, although it will work to keep a stake in strategically-important banks.

Speaking for STA on the margins of the EBRD meeting, Bajuk said the aim of the forum was for countries to present their economy and the possibilities for foreign investors.

According to him, Slovenia has not had much success in attracting foreign investors. The current government is therefore working on making Slovenia successful in this respect, he added.

Bajuk also took part in a meeting of finance ministers and prime ministers from the region hosted by Serbian Finance Minister Mladjan Dinkic.

Source: Slovene Press Agency STA

Author: STA