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Pro-Government UMAR Wants To Downplay The Economic Disaster, But The Numbers Don’t Lie

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There seems to be no end in sight to the news about the stagnation and decline of the country under the government of Robert Golob. On Thursday, the Institute of Macroeconomic Analysis and Development (UMAR) downgraded its forecast for this year’s economic growth. Instead of 2.1 percent growth, the office now expects only a 0.8 …

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German Investors Are Losing Interest In Investing In Slovenia

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Slovenia is facing a decline in interest among German investors, according to a survey by the German-Slovene Chamber of Commerce and Industry, reports the Slovenian Press Agency (Slovenska tiskovna agencija – STA). The survey ranked Slovenia as the ninth most attractive country for investment in Central and Eastern Europe, which is very different from first …

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Experts Warn: We Are Moving Away From A Market Economy And Towards Oligarchic Capitalism

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“Relocations of both natural and legal persons are taking place, but I estimate that they have not yet had a significant impact on the budget. The bigger problem I see is that they are a reflection of our unfavourable tax legislation and those who have already left will find it difficult to return. Moreover, it …

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[Analysis] What Are The Lessons That Slovenia Can Learn From The German Path To The Abyss?

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Germany’s current economic nosedive is a cautionary tale that shows what can happen when so-called “green” parties control a country’s energy policy. It must be acknowledged, however, that one of the architects of the German energy and economic crisis was also Angela Merkel of the centre-right Christian Democratic Union party (CDU), which under her leadership …

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This Is Golob’s Rule In Practice – A Grip Around The Neck Of The Economy

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Robert Golob promised a tax increase before the previous elections. It is one of the few promises he has kept. The “Achilles’ heel of the Slovenian economy,” as Minister Mesec once put it, or export-oriented companies, which are one of the cornerstones of Slovenian prosperity, are on the decline. The causes can also be found …

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Even Successful Companies Are Failing Under The Freedom Movement’s Rule: The Strike Of Administrative Units Has Led To Millions Of Euros In Losses And Workers Being Made Redundant

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Mass strikes across the country have also affected the economy and businesses. And while Slovenia’s top brass watches football matches, the problems in Slovenia are growing. A few days ago, the Slovenian Chamber of Commerce and Industry, and now the company Lumar, which is the largest producer of prefabricated wooden buildings, have already turned to …

Even Successful Companies Are Failing Under The Freedom Movement’s Rule: The Strike Of Administrative Units Has Led To Millions Of Euros In Losses And Workers Being Made Redundant Read More »

The Biggest Drop In Industrial Production In The EU

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According to Eurostat, Slovenia recorded the biggest fall in industrial production at the European Union level in December. In his article, Bojan Ivanc, the chief economist of the Chamber of Commerce and Industry, wrote that this was “a dark December for Slovenian industry”. But this is not surprising, according to political analyst Sebastjan Jeretič, who …

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Economic Round Table: Slovenia Needs Legal And Tax Predictability

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“Slovenia needs predictable and stable public finances,” and above all, “legal and fiscal predictability, which is crucial for the functioning of an orderly state.” This was the consensus of the participants at the expert consultation entitled Expectations of the New Tax Reform, who agreed that Slovenia needs to restructure its tax reform and that it …

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Economists: We Are Looking At Billions In Losses If The Government Does Not Get Its Act Together Soon

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“Things are starting to look very grim,” said Marko Drobnič, President of the Management Board of the company Talum, at a roundtable of businessmen and experts. Slovenian economists are extremely worried about the sharp drop in orders in the Slovenian industry and claim that if measures to protect the economy are not taken soon, the …

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Slovenia Has A Minister Who Believes Yugoslavia Was One Of The Most Successful Economies In The World

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In 2014, our current Minister of Labour, Luka Mesec, claimed that Yugoslavia was one of the most powerful countries during its time, and one of the most successful economies in the world. Which went bankrupt and miserably collapsed due to an inefficient economy, and at its end, Slovenia had only achieved 30 percent of the …

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Slovenia With The Highest Labour Costs Growth In The Euro Area

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Inflation in Slovenia is not slowing down, and we are also among the countries with the highest labour costs growth. Golob’s income tax “reform,” which overturned Janša’s labour cost cuts, is already showing its first results. At 9.4 percent, Slovenia’s inflation was slightly above the euro area average and slightly below the European Union average …

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