Europe > Southern Europe > Slovenia > Slovenia stops privatizations until new government sworn in

Slovenia: Slovenia stops privatizations until new government sworn in

2014/07/07

Slovenia's outgoing government of Premier Alenka Bratusek has decided to temporarily halt all ongoing privatizations of National-owned firms until a new cabinet is sworn in.

The majority significant privatizations concern Slovenian telecoms leader Telekom and Aerodrom Ljublijana, the company managing the city's airport.

The government's move took a lot of by amaze, particularly Economy Minister Uros Cufer, who criticized his colleagues: ''The government has fallen into pre-electoral hysteria. There is no valid reason for this, nor plausible excuses''.

Less than a month ago, National fund Sdh, which manages public companies, had assured that the sale of National-owned stakes would continue in spite of the government crisis. Privatizations are a key point stressed by the European Commission in its recommendations to Slovenia, published at the beginning of June.

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