globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Thursday, April 11, 2013 6:03 PM
Inquiring minds are watching economic activity in Slovenia following an official denial regarding bailout possibilities. For denial details, please see Slovenia Rules Out Bailout; Translation: “Slovenia Bailout Coming Right Up”
Slovenia Unemployment and Youth Unemployment
Debt Pressures Mount
Bloomberg reports Slovenia Set to Test Debt Appetite as Financing Pressure Mounts.
Slovenia’s government failed to raise 100 million euros ($131 million) at a debt sale this week. Now it’s shooting for five times that amount next week.
With bond yields approaching levels that prompted bailouts of other euro nations, the government will offer 500 million euros of 18-month Treasury bills on April 17. The International Monetary Fund estimates Slovenia will need to borrow about 3 billion euros this year to repay maturing debt, aid banks and finance the budget.
