Financial markets and prices
The financial crisis revealed a number of structural imbalances in the banking and corporate sectors. The beginning of the stabilisation and privatisation of banks was the first step in restructuring these sectors. In recent years, the financial system has operated in a context of a very expansionary monetary policy that has kept pace with the challenges of the economy. Central banks have responded to rising inflation by accelerating the normalisation of monetary policy, which poses an additional challenge to both economic activity and the maintenance of financial stability.
Slovenian Economic Mirror 4/2017
Broad-based economic growth in Slovenia accelerated further in the first quarter of this year; GDP was up 5.3% year-on-year, recording the strongest growth since the second quarter of 2008. Growth in foreign demand and competitiveness gains continue to boost the growth of exports and related activity in manufacturing and some segments of market services. A significant improvement in labour market…
Slovenian Economic Mirror 3/2017
Euro area economic growth has remained stable at the beginning of 2017; similar growth is also projected for the next two years. Favourable economic developments continued in Slovenia at the beginning of the year. Gains in the manufacturing sector’s competitiveness are reflected in further growth in Slovenia's merchandise market shares in the EU and on the global market. As a result of favourable…
Slovenian Economic Mirror 2/2017
Boosted by foreign and domestic demand, the favourable trends in economic activity continued in Slovenia at the turn of the year; the outlook also remains encouraging. Under the influence of rising economic activity, the growth of employment and the moderate wage growth continue. Consumer price growth strengthened in the first months of the year, reflecting supply-side factors and a further…
Slovenian Economic Mirror 1/2017
The relatively favourable developments in the euro area have continued. In Slovenia, favourable trends in economic activity also continued; the labour market situation improved further. Despite the economic growth achieved, bank loan financing has remained modest; the maturity structure of the banks’ liabilities has deteriorated further.
Slovenian Economic Mirror 8/2016
Economic activity in Slovenia continues to strengthen as a result of exports and household consumption. The labour market is recovering faster than last year. After almost two years of decline, consumer prices have been higher year on year in the last six months. The volume of loans to domestic non-banking sectors continues to contract year on year. The general government deficit on a cash basis…
Slovenian Economic Mirror 7/2016
Economic growth in the euro area continued in the third quarter of 2016; moderate economic growth is also expected for the last quarter of the year. During the summer months positive developments also continued in Slovenia; the prospects for the last quarter are also favourable.
Slovenian Economic Mirror 6/2016
The prospects for economic growth in the euro area remain favourable; the risks are on the downside and arise mainly from outside the euro area. Most short-term indicators of economic activity in Slovenia increased further at the beginning of the third quarter.
Slovenian Economic Mirror 5/2016
Short-term indicators of economic activity and confidence indicate that GDP growth in the euro area continued in the second quarter but is expected to be lower than in previous quarters. The United Kingdom’s referendum decision to leave the EU brings a great deal of uncertainties about the economic and political situation in Europe. In Slovenia, at the beginning of the second quarter, most…
Slovenian Economic Mirror 4/2016
In the first quarter, economic growth in the euro area strengthened to 0.6% (seasonally adjusted) and GDP was up 1.7% year-on-year. GDP growth in Slovenia also continued in the first quarter owing to a notable strengthening of exports. The labour market situation continues to improve. In the first quarter the number of employed persons rose slightly again.
Development Report 2016
In the past few years, Slovenia has taken a number of positive steps and slightly narrowed its development gap with the EU. Regardless of positive shifts, challenges remain in terms of ensuring a more sustainable improvement to Slovenia’s growth potential and the welfare of its population, which will require more radical structural changes.