LJUBLJANA: Results of stress tests on European banks proved the banking system was solid, Luxembourg Premier Jean-Claude Juncker, who heads the group of eurozone finance ministers, said here yesterday.
"The stress test has shown that the European bank landscape is sufficiently robust," Juncker told a joint news conference with Slovenian Prime Minister Borut Pahor during an official visit to eurozone member Slovenia.
He rejected reports that the tests had not been carried out properly, saying: "as a whole, the tests were credible, done in a very professional way and people were dealing with it in an independent and rule-based way."
"I would like all the banks which have been taken under exam to publish details of the stress test concerning them, this would add to the credibility of the whole operation," he added.
The Committee of European banking supervisors published last week the.....
Slovenian Finance Minister Franc Krizanic announced that Slovenia will take appropriate measures to support the countrys largest bank NLB after the results of the ongoing stress tests of European banks are published Slovenian Times reported. NLB in which the state holds a majority in association with two state-owned funds is...
KRANJ, Slovenia, July 10 /PRNewswire/ - PCCI is used for a simple, standardized connection of micro and small generation of electricity from renewable energy sources to network. It enables monitoring of energy generation and ensures safe disconnection from network. All types of electric energy from
The United Arab Emirates participated for the first time in the Central European Rotation Group (CERG) Executive Meeting, which took place from 30 June to 1 July in Paiana Brasov, Romania. Capt. Aysha Al Hamili, the UAE Permanent Representative on the ICAO Council attended the meeting which includes represents from the Civil Aeronautical Authorities of the Czech Republic, Hungary, Romania, Slovak Republic and Slovenia.
Macedonia has lower prices of food products and cigarettes compared to neighbouring countries, shows Eurostat analysis for 2009 conducted in 37 regional and European countries. Prices of food products in Macedonia are lower than the ones in Serbia, Croatia, Slovenia, and similar to prices in Bulgaria, Hungary and Romania. Moreover, cigarette prices are on the same level as in Serbia and Montenegro and more expensive than in Albania, B-H, Bulgaria, Romania and Hungary. In Slovenia and Croatia, cigarettes are twice as high as in Macedonia. Serbia has the cheapest and Macedonia the most expensive alcoholic beverages in
The Federation of Trade Unions of Macedonia (SSM) demands reduction of the working week from 40 to 32 or 36 hours. They also demand the government to subsidize a half of salaries of workers who were sent to forced vacations. These are some of measures proposed by SSM for the purpose of cushioning negative effects of the crisis. The state should also provide money for additional education and training of workers. SSM thinks that this would result in an improved social and economic situation for workers as well as decrease in unemployment. Chairman of SSM Zivko Mitrevski thinks that the state should not have any problems with providing money for salary subsidies in the amount of 30 to 50 percent. According to SSM, such measures saved some 5,000 working places
SKB bank chairwoman Cvetka Selsek told Tuesdays business daily Finance that Slovenia needed a more balanced banking market. Saying that she had been pointing this out to decision makers for a decade now Selsek explained that Slovenia had a bank - the state-owned NLB - that held almost half of...
The evening before England's World Cup team played Slovenia, so the story goes, manager Fabio Capello told his men they could have a beer to help them relax. But nobody dared: they were too afraid of the manager.Capello must bear...
SKOPJE (Macedonia), June 28 (SeeNews) - Slovenia’s Roto Group and a Macedonian businessman have opened a 500,000 euro ($619,265 million) polyethylene products factory in Macedonia, Skopje-based daily Utrinski Vesnik reported on Monday.
Slovenia achieved 91% of the average GDP per capita measured at purchasing power parity in the EU in 2008 but lost ground as its economy contracted by 7.8% last year. This is the first time that Slovenia has lost ground on the EU in terms GDP since joining the bloc...
Public Administration Minister Irma Pavlinic Krebs said the governments plan was to cut the total value of salaries in the public sector by 5% compared to 2010 Slovenia Times reported. The plan was presented at a meeting dedicated to the 2011 and 2012 budgets with the trade unions which was also...
England are out of the 2010 World Cup after being thrashed by Germany at Free State Stadium in South Africa. Miroslav Klose and Lukas Podolski scored and it looked comfortable, but Matthew Upson's tally gave England a chance to come back.
England were aggrieved that a Frank Lampard strike was wrongly disallowed at the end of the first-half, but Thomas Mueller's second-half brace gave Coach Joachim Low's side a convincing 4-1 victory.
Both sides used line-ups that were relatively unchanged. Three Lions boss Fabio Capello used the same starting XI that defeated Slovenia, keeping faith in Matthew Upson, James Milner, and Jermaine Defoe. Meanwhile Loew made a solitary variation to his squad as Klose, who returned from suspension, replaced the injured Cacau in attack.
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