Finance Minister Mramor says there is a gap between Slovenia’s great achievements and the negative perception of these achievements in the eyes of the public and the media. Foto: BoBo
Finance Minister Mramor says there is a gap between Slovenia’s great achievements and the negative perception of these achievements in the eyes of the public and the media. Foto: BoBo

Mramor commented on a report by the European Commission which warned that Slovenia suffers from macroeconomic imbalances. The country failed to meet 5 out of 14 performance indicators.

However, Mramor stressed that Slovenia has made significant progress in four indicators: global exports, foreign investment, the unemployment rate, and the competitiveness of the economy.

The only indicator that shows no progress is public debt, but Mramor said that the European Commission used data from 2014. He stressed that Slovenia's debt peaked in 2015 but is now projected to decline every year – in compliance with the European Commission's Stability and Growth Pact.

Poor public perception
Mramor pointed out that the European Commission's mission to Slovenia told him that they do not understand why there is such a gap between Slovenia's great achievements and the negative perception of these achievements in the eyes of the public and the media. According to Mramor, this phenomenon keeps a damper on economic growth, consumer demand, investment, job growth, and interest rates.

Mramor underscored that Slovenia was one of the best VAT collectors in the EU. Slovenia has also managed to considerably shorten insolvency procedures.

L. L.; translated by D. V.