Republic of Slovenia: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Slovenia

Volume/Issue: Volume 2007 Issue 183

Publication date: May 2007

ISBN: 9781451835809

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Inflation , Labor , Economics- Macroeconomics , Public Finance , ISCR , CR , headline inflation , deficit , Euro adoption process , economy , Slovenia's integration , Slovenia's economic growth , government plan , employment growth , Inflation , Wages , Europe , Global

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Summary

This 2007 Article IV Consultation highlights that economic performance of Slovenia strengthened in 2006, supported by a recovery in investment and continued growth spillovers from the European Union. Declining real interest rates in the run-up to euro adoption on January 1, 2007 helped sustain credit growth and domestic demand. The strong economy boosted job creation, while unemployment declined and capacity utilization reached record high levels. Growth is projected to slow down slightly in 2007–08, as the investment boom decelerates.