About: German elections 2013

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Economy & Jobs 12-09-2013

European Commission on a potential bailout for Slovenia

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.