Slovenia Re-Launches Privatization of 15 State-Owned Companies

The outgoing center-left coalition of Prime Minister Alenka Bratusek put the privatization program on hold to allow the new government to review the process. Photo by bnr.bg

Slovenia has announced it is re-launching the privatization of 15 state-owned enterprises before the new government assumes office.

The plan was temporarily frozen due to the parliamentary elections, according to reports of the BGNES news agency.

The outgoing center-left coalition of Prime Minister Alenka Bratusek put the privatization program on hold to allow the new government to review the process.

The sale of state-owned companies is a key part of the stabilization plan for Slovenia's public finances and the economy after the government spent over EUR 3 B on bailing out banks last year.

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