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Message Subject CENTRAL EUROPE EXPLODING........psssst!!!!!
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With the social attacks, Jansa and Pahor are following the demands of the International Monetary Fund (IMF), which has long called for harsh reforms in Slovenia. “Prompt action to address problems in the financial sector, consolidate public spending, and reform the labour market is essential to resolve the current crisis and lay the groundwork for future growth in Slovenia”, Antonio Spilimbergo, head of the IMF mission in Slovenia recently declared.

This former Yugoslav republic is experiencing the sharpest reverse in GDP in the euro zone after Greece as a result of the economic crisis. The European Commission recently forecast a fall in economic output by 2.3 percent this year, with a decline of 1.6 percent next year. Interest rates for state bonds are currently near the critical 7 percent mark.

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