my comments on “Slovenia cuts growth forecast as bail-out fears grow”

April 1st, 2013 Comments Off on my comments on “Slovenia cuts growth forecast as bail-out fears grow”

 

A map of the Slovene Land and Provinces, autho...

A map of the Slovene Land and Provinces, author Peter Kozler Hrvatski: Zemljovid slovenskih zemalja i pokrajina, autor Peter Kozler (Photo credit: Wikipedia)

every western media seems to be talking about slovenia these days…

Slovenia cuts growth forecast as bail-out fears grow

Fears that Slovenia will become the next eurozone nation to need a bail-out have been fuelled by a sharp cut to the country’s growth forecasts by the government’s economic institute. Slovenia has become the first victim of contagion from Cyprus as its borrowing costs rocketed last week in the wake of a punishing bail-out deal.

via: www.telegraph.co.uk

as an ‘insider’ I feel obliged to comment:

  1. to all westerns: slovenia is going to be just fine. the current state of public finance is a residue of a couple of years of poor governments, that resulted in couple of months of public uprisings and a new government that feels promising. so stop panicking and pay attention to details. every crisis in EU zone in the last three years was handled completely differently, there are no patterns.
  2. to slovenian politicians: this is actually awesome public PR opportunity – the world is looking at us closely now, let’s keep the limelight on us as long as possible and make sure the ‘crisis’ resolves while they are paying attention. now is the time to invest in all kinds of projects 🙂
  3. to slovenian public: go vote next time around. and pay more attention next time. the rest of the world cares more about slovenia than you do.
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