“Slovenia’s public debt is expected to fall to 75.2 percent of GDP this year, down from 78.5 percent last year, the statistics office said on Thursday, citing financial ministry’s forecast. The debt will be higher in nominal figures as it will reach 32.2 billion euros ($38.00 billion) at the end of this year versus 31.7 billion at the end of 2016, the office said, but will fall when measured as a percentage of GDP due to economic growth seen at 4.4 percent this year. The debt has risen sharply over past years as Slovenia has managed to only narrowly avoid an international bailout for its banks in 2013. Last year debt fell for the first time in eight years. According to a draft of the government’s development strategy, debt is due to fall to 60 percent of GDP, the maximum level allowed for European Union members, by 2030. The statistic office also said the forecast for 2017 budget deficit remained unchanged at 321 million euros or 0.8 percent of GDP versus a deficit of 1.9 percent in 2016.” (Reuters)
#WesternBalkans - We reconfirmed with the EU foreign ministers the clear European perspective of the region and our determination to have a strong political engagement with our partners. The Western Balkans are of key geostrategic importance for the European Union.
#EU's @OliverVarhelyi, #Austrian officials deliver #Covid vaccines in #BiH, #Montenegro, and N. #Macedonia.
HR Inzko, U.S. slam secession at UNSC session on BiH.
#Kosovo to sue #Serbia for genocide by end of 2022.
#Albania's Socialists aim to impeach president.
#EU's @OliverVarhelyi kicks off visit to the Western #Balkans.
N. #Macedonia's @Bujar_O meets #German FM @HeikoMaas in #Berlin. J
#Japan's FM visited #BiH, #Slovenia over the weekend.
The future of the Western Balkans lies within the European Union.
Leaders from the EU and the Western Balkans held a series of meetings and exchanges confirming their mutual strong relations and shared goal of European integration.
📌 Read more: https://europa.eu/!Kg33wx