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Andrej Šircelj

Minister of Finance Šircelj received congratulations from the Vice President of the European Commission

The Ministry of Finance received a letter of congratulations to Finance Minister Andrej Šircelj. In the letter the Vice President of the European Commission congratulated him on his success in reducing debt and record macroeconomic results. At a press conference in Brdo pri Kranju, Prime Minister Janez Janša said that the Ministry of Finance had …

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Finance Minister Šircelj: The Whole Process of Saving the Slovenian Subsidiary of Sberbank Was Carried Out Professionally and Quickly – in Only Two Days and Nights!

The Slovenian subsidiary of Sberbank was bought by NLB bank on Tuesday, and Sberbank’s customers can now access their money and banking services. In addition, all business relationships of both savers and borrowers at the bank have been maintained. Minister of Finance, Andrej Šircelj, MSc, said that the entire procedure was carried out professionally and …

Finance Minister Šircelj: The Whole Process of Saving the Slovenian Subsidiary of Sberbank Was Carried Out Professionally and Quickly – in Only Two Days and Nights! Read More »

Finance Minister Šircelj: The Whole Process of Saving the Slovenian Subsidiary of Sberbank Was Carried Out Professionally and Quickly – in Only Two Days and Nights!

The Slovenian subsidiary of Sberbank was bought by NLB bank on Tuesday, and Sberbank’s customers can now access their money and banking services. In addition, all business relationships of both savers and borrowers at the bank have been maintained. Minister of Finance, Andrej Šircelj, MSc, said that the entire procedure was carried out professionally and …

Finance Minister Šircelj: The Whole Process of Saving the Slovenian Subsidiary of Sberbank Was Carried Out Professionally and Quickly – in Only Two Days and Nights! Read More »

EIB ready to invest in green, digital projects in Slovenia

EIB vice president Liljana Pavlova and Finance Minister Andrej Šircelj announced plans for the European Investment Bank (EIB) and Slovenia to intensify cooperation. The EIB, which is involved in many projects in Slovenia, participating in the modernisation of roads and railways and is supporting small and medium-sized companies, would like to see more projects promoting …

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Recovery, resilience at the forefront of ECOFIN presidency

Finance Minister Andrej Šircelj said fighting the consequences of the Covid-19 pandemic had been at the forefront of Slovenia’s EU presidency in the field of finance and noted that during this time, the EU had approved 22 national recovery and resilience plans and paid out EUR 54 billion in funds to 20 member states. By: P.T., …

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The new intervention law for mitigation of the consequences of covid-19 closer to implementation

On 29th of December the National Council did not vote on a suspensive veto on the new intervention law, thus paving the way for faster implementation of additional measures to mitigate the consequences of covid-19, worth 280 million euros. The prevailing opinion among councillors was that the law should be enforced as soon as possible. Minister …

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EU finance ministers agree rules for reduced VAT rates

EU finance ministers, meeting in Brussels under the chairmanship of Slovenia’s Andrej Šircelj, reached political consensus to upgrade the EU rules on reduced VAT rates, updating the list of goods and services for which reduced rates or exemptions are allowed. The new rules give member states more flexibility to choose which products will be subject …

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OECD Data Do Not Lie: The Leftists Have Turned Slovenia Into a Completely Non-Competitive Country

On Monday, the 25th of October 2021, the National Assembly continued its discussion on the proposed amendment to the Personal Income Tax Act, which also brings an increase in the general tax relief for income from capital. The coalition is satisfied with the amendment, but the opposition is concerned about the sustainability of public finances, …

OECD Data Do Not Lie: The Leftists Have Turned Slovenia Into a Completely Non-Competitive Country Read More »

Minister Šircelj at the meeting of the Economic and Financial Affairs Council

On 18 June 2021, Minister Andrej Šircelj attended the Economic and Financial Affairs Council (ECOFIN) meeting in Luxembourg. Ministers took stock in particular on recovery and resilience plans, economic recovery in the European Union, the European Semester and value-added tax. The economic recovery process made progress in the last two days.  The European Commission has …

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Minister Andrej Šircelj completely denied inaccurate news about the reduction of pensions, moreover, pensions are even expected to increase this year!

Not only that the pensions will not be reduced by six percent, but they are expected to increase by almost six percent in 2021, and in the coming years by another two to three percent. This was announced today by the Minister of Finance Andrej Šircelj. He also denied the misleading reporting of some media, which …

Minister Andrej Šircelj completely denied inaccurate news about the reduction of pensions, moreover, pensions are even expected to increase this year! Read More »

Historical success: for the first time ever, Slovenia has issued long-term bonds with a negative yield to maturity, which means it will benefit from favourable borrowing conditions

The Ministry of Finance has pointed out that Slovenia enjoys the trust of international investors, which has also been confirmed by the ratings of the credit rating agencies. Due to the relatively good estimates, the bond yields have become negative, and the coupon interest rate is zero percent in the amount of 1.75 billion euros. …

Historical success: for the first time ever, Slovenia has issued long-term bonds with a negative yield to maturity, which means it will benefit from favourable borrowing conditions Read More »