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Slovenia Business Week no. 42: PM Does not Expect Excessive Price Hikes Due to Euro Switch

Prime Minister Janez Jansa told the MPs that government measures, including a pledge not to raise capped prices and the implementation of dual pricing, would serve to prevent price hikes stemming from the approaching euro changeover

Prime Minister Janez Jansa told the MPs on Monday, 18 December that government measures, including a pledge not to raise capped prices and the implementation of dual pricing, would serve to prevent price hikes stemming from the approaching euro changeover.

Responding to questions from the floor at the continuation of parliament's December session, Jansa said that he did not expect any serious issues regarding such hikes.

"We are not seeing any drastic changes... The changes that were detected are much smaller than in any other comparable country during its euro adoption process," the PM replied to the National Party (SNS) deputy Saso Pece.

Franc Kramberger of the coalition People's Party (SLS) meanwhile quizzed Jansa on when Slovenians could expect a completely liberalised flow of people and goods in the EU.

The PM answered that Slovenia had passed all the necessary political decisions, but problems emerged in putting them into practice.

If Slovenia's entrance to the Schengen no-border zone is delayed by a year, Slovenia could incur around EUR 100m in expenses.

However, with the upgrade to the Schengen Information System being confirmed at the recent EU summit, Slovenia is expected to join the Schengen zone by March 2008.

Source: Slovenian Press Agency STA

Author: STA, Slovenian National Press Agency