In the run up to this month’s parliamentary elections in Slovenia, the outgoing government suspended its privatization program. The program is part of a budget deal with the EU that is designed to reduce the country’s deficit. Incoming prime minister Miro Cerar, whose newly formed political party carries his name (SMC), has said he will be revisiting the plan and coming up with his own ways to solve the budget problem, signaling his reluctance to sell off state-owned companies. Slovenia-based Atlas Network partner Lighthouse Association has criticized the anti-liberal, anti-privatization rhetoric of the election and has issued a wake-up call to Slovenians by reminding them their country ranked 97th out of 152 on the Fraser Institute’s Economic Freedom of the World Index, far behind many of its European neighbors.
SNAP ELECTION IN SLOVENIA COULD MEAN SLOW DOWN FOR PRIVATIZATION
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