Slovenian central bank demands courts rule on bail-in law

Boštjan Vasle
Bank of Slovenia govenror Boštjan Vasle
Sporti/Wikimedia Commons

Slovenia’s central bank has formally asked the country’s courts to rule on the constitutionality of a law over its “bailing in” of shareholders and senior creditors in failed banks.

Slovenia’s lawmakers and central bank have been locked in a bitter dispute over the bail-ins since five major banks were resolved in 2013 and 2014. The country’s parliament made several efforts to pass a law that would have obliged the central bank to reimburse those bailed-in.

Slovenia is a member of the European

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