European Commission on a potential bailout for Slovenia

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The European Central Bank is interested in Slovenia applying for aid from the European Stability Mechanism (ESM), the euro zone’s bailout mechanism, according to German business daily Handelsblatt.

Slovenia has been in recession since last year and is struggling to avoid an economic bailout. On Friday Slovenian officials said they would liquidate two small banks to ensure the financial stability of its banking system.

The ECB declined to comment on the Handelsblatt report, published on Wednesday (11 September) which gave no further details on how any ECB interest in Slovenia applying for help had been expressed, or what it consisted of.

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