Slovenia may ask for salvation of economy

Slovenia may become the sixth EU state to ask for salvation of economy together with Greece, Portugal, Ireland, Spain and Cyprus, Gazeta.ru reports.

An economist of BNP Paribas SA Mikhal Dybula expects Slovenia to ask for help.

Nova Ljubljanska Banka (NLB) will receive €382.9 million approved by the European Commission. The bank had 2 capitalizations in 2 years. The bank received €250 million in March 2011.

Slovenian Prime Minister Janez Jansa said in late June that the country may experience the Greek scenario. Finances Minister Janez Suskevic expressed hope that foreign assistance would not be necessary.

The state debt of Slovenia totaled 47.6% of the GDP in 2011, doubling since introduction of euro in 2007. It may reach 54.7% of the GDP in late 2012.