EU and OECD say weak supervision shares blame for Slovenia's impending bank crisis


The European Commission (EC) today mirrored yesterday's warning from the Organisation for Economic Co-operation and Development (OECD) that Slovenia is "facing a severe banking crisis", saying that the negative economic trends and imbalances it identified last year have become aggravated and are now "excessive".

The EC's latest in-depth review (IDR) for Slovenia recommends a "comprehensive reform strategy" to stabilise the country's financial sector, to include "the credible repair of the bankin

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