Slovenia eases portfolio investment rules

The Bank of Slovenia said on Dec 22 it would from January 2001 ease restrictions for foreign portfolio investment, part of its programme to harmonise regulations with those of the European Union by the end of 2002.

The central bank will shorten the period during which foreign investors are not allowed to sell securities back to domestic buyers unless they pay a quarterly fee of 0.2 percent of the asset value to six months from one year.

Analysts said the change was not expected to give a boost