globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / April 9, 2013
An official denial is in: Slovenia Rules Out Bailout. Here is my interpretation: “A bailout is already in the works, only the date of the announcement is uncertain”.
Slovenia insisted on Tuesday that it could avoid an international bailout as the Organisation for Economic Co-operation and Development warned Ljubljana to tackle more rapidly a “severe banking crisis” whose costs it might have underestimated.
The OECD report came amid investor concerns that the 2m-strong country’s banking problems could make it the next eurozone state to require a bailout after last month’s mishandled rescue of Cyprus.