News Archive - February 2012

Romney wins Michigan and Arizona primaries

29. 02. 2012
Romney wins Michigan and Arizona primaries
In a tight run race, Mitt Romney has won both Michigan and Arizona in the latest Republican presidential primaries.

South Stream Preparations Running Well

29. 02. 2012
South Stream Preparations Running Well - Gazprom
President Danilo Türk and PM Janez Janša met the boss of Russian gas company Gazprom, Alexei Miller. Türk and Miller assessed in their separate meeting that the preparations for the planned South Stream gas pipeline, which is to run through Slovenia, were going well.

More dead in Syria as referendum passed

28. 02. 2012
More dead in Syria as referendum passed
It is feared as many as 135 people were killed across Syria on Monday. According to some activist groups, 64 were members of families fleeing areas of Homs that have been under sustained attack from government forces for weeks.

Six Slovenian Banks on Negative Watch

28. 02. 2012
Six Slovenian Banks on Negative Watch
Fitch Ratings placed ratings of six largest Slovenian banks on its negative rating watch. The ratings agency cited rising concerns over the provision of support of the Slovenian authorities for the country's banking sector.

‘The Artist’ takes the honours at the Oscars

27. 02. 2012
‘The Artist’ takes the honours at the Oscars
This year’s Academy Awards was dominated by the silent romance of ‘The Artist’ which scooped up five Oscars including best director, best actor and the coveted best film.

Against Abolition of High School Scholarships

27. 02. 2012
Against Abolition of High School Scholarships
The national Organisation of Secondary School Students (DOS) staged a rally in front of the National Assembly to protest against the abolition of state scholarships for students under 18.

World powers gather for Syria summit

24. 02. 2012
World powers gather for Syria summit
Western and Arab nations are expected to demand that Syrian forces implement an immediate ceasefire, when they meet in Tunis on Friday.

More than Meets the Eye

24. 02. 2012
More than Meets the Eye
Variation is the trump card the Slovenian meetings industry holds over its competitors. For events with more than a thousand delegates there are the immense halls of venues in Ljubljana. For small teambuilding exercises, travel to the mountains. For a brainstorming day, head to a sun splattered terrace on the Adriatic coast. The sector has been growing steadily and looks set to continue to do so, but there are still challenges to face.

Scores die in Homs including journalists

23. 02. 2012
Scores die in Homs including journalists
Rockets and bombs have rained down on the Syrian city of Homs for almost three weeks now.

600 Millions for the New Greek Bailout

23. 02. 2012
600 Millions for the New Greek Bailout
After the second bailout package for Greece worth EUR 130bn was agreed in Brussels, Finance Minister Janez Šušteršič announced that Slovenia would contribute about EUR 600m in guarantees.

US to consider additional measures against Assad

22. 02. 2012
US to consider additional measures against Assad
At least 100 people were killed in Syria on Tuesday during assaults on villages and a sustained bombardment on the city of Homs – according to activists.

Slovenia Needs Foreign Investment

22. 02. 2012
Slovenia Needs Foreign Investment
One of the key tasks of the new government is to create a competitive business environment, which will not be possible without foreign investments, Economic Development and Technology Minister Radovan Žerjav has said in an interview for STA. He hopes politicians will show unity in key moments.

Eurozone ministers agree Greek bailout deal

21. 02. 2012
Eurozone ministers agree Greek bailout deal
Eurozone finance ministers have reached a deal with Greece over its second bailout.

NLB Looking after Investors?

21. 02. 2012
NLB Looking after Investors?
The government plans to do all it can to ensure that NLB bank can be recapitalised without direct budgetary funds, Finance Minister Janez Šušteršič said, after the bank reported a EUR 239m loss for 2011 and said it would need EUR 400m in fresh capital.

IAEA holds talks with Iran over nuclear programme

20. 02. 2012
IAEA holds talks with Iran over nuclear programme
The International Atomic Energy Agency is in Iran for discussions on the country’s controversial nuclear programme.

Riko Wins a Deal in Minsk

20. 02. 2012
Riko Wins a Deal in Minsk
The Slovenian civil engineering company Riko will build a EUR 100m complex featuring a five-star Kempinski Hotel, apartments and offices in the Belarus capital Minsk.

UN General Assembly urges Assad to step down

17. 02. 2012
UN General Assembly urges Assad to step down
The United Nations General Assembly has overwhelming passed a non-binding resolution calling on Syrian President Bashar Assad to step aside.

Ideas for Higher Education

17. 02. 2012
Ideas for Higher Education
Minister for Education, Science, Culture and Sport Žiga Turk pointed to innovation as the key to Slovenia's future prosperity as he addressed a conference on diversification of higher education.

Iran hails new nuclear advances

16. 02. 2012
Iran hails new nuclear advances
Iran has proclaimed new advances in its nuclear programme.

Facing the Brussels Warning

16. 02. 2012
Facing the Brussels Warning
After the European Commission included Slovenia among the EU member states that are in for an in-depth macroeconomic review, the Labour Ministry announced on Wednesday measures to decrease labour costs, while Economic Development and Technology Minister Radovan Žerjav called for a more competitive business environment.

Eurogroup cancels meeting on Greek bailout

15. 02. 2012
Eurogroup cancels meeting on Greek bailout
There was disappointment as Greek politicians heard that eurozone finance ministers will not be meeting today to rubber stamp their bailout deal.

Moody's Downgrades Slovenia

15. 02. 2012
Moody's Downgrades Slovenia
Rating agency Moody's downgraded several EU countries, including Slovenia, which had its rating cut from A1 to A2 with a negative outlook due to concerns about ongoing weakness in the eurozone.

Moody’s threatens UK and French credit ratings

14. 02. 2012
Moody’s threatens UK and French credit ratings
Rating agency Moody’s has warned it may cut the coveted triple-A ratings of the United Kingdom, France and Austria.

Agrokor Gives Up

14. 02. 2012
Agrokor Gives Up
Croatian food group Agrokor said on 7 February it had decided after months of unsuccessful efforts to acquire a 52.1% stake in Slovenia's leading grocer Mercator to withdraw its bid.

Athens ablaze as protesters say ‘no’ to more cuts

13. 02. 2012
Athens ablaze as protesters say ‘no’ to more cuts
Burning buildings, tear gas, petrol bombs – mayhem broke out in central Athens while lawmakers in parliament grappled with the future of Greece.

Up for a Major Challenge

13. 02. 2012
Up for a Major Challenge
The team of ministers that will be put to vote today faces a big and difficult challenge, PM-elect Janez Janša told MPs on Friday as he presented his cabinet line-up. "This will be a term that will bring nothing spectacular at first, just hard work," he pointed out

Greece: 48-hour general strike over new austerity measures

10. 02. 2012
Greece: 48-hour general strike over new austerity measures
Greek political leaders have struck a deal on further austerity measures, angering protesters but failing to secure a second international bailout.

OSCE Evaluates Elections

10. 02. 2012
Organisation for Security and Cooperation in Europe (OSCE)
The Organisation for Security and Cooperation in Europe (OSCE) has issued a report on Slovenia's 4 December general election stating that the country's legislative framework provides a sound basis for the conduct of democratic elections, but certain aspects could benefit from further review.

Greek leaders edge closer to a bailout deal

09. 02. 2012
Greek leaders edge closer to a bailout deal
Greek coalition party leaders have agreed on all issues of a bailout plan expect one, and that’s about pensions.

Slovenia Wants Changes to TEN-T Plans

09. 02. 2012
Slovenia Wants Changes to TEN-T Plans
A conference on planned guidelines for the Trans-European Transport Network (TEN-T) 2013-2020 in Slovenia and beyond heard in Brussels that Slovenia believes its sole sea port in Koper should not only be connected with the east, as envisaged by new TEN-T plans, but also with Central Europe.

Homs under attack as Russia’s Lavrov arrives in Syria

07. 02. 2012
Homs under attack as Russia’s Lavrov arrives in Syria
Syria’s military intensified its crackdown in Homs and other cities on the eve of a peace visit to Damascus by Russia’s foreign minister.

Prices of Petrol to Hit New High

07. 02. 2012
Prices of Petrol to Hit New High
The retail prices of petrol in Slovenia will reach new record highs, with regular unleaded fuel becoming dearer by 0.6 cents to EUR 1.412 per litre, and premium unleaded going up 0.5 cents to EUR 1.428. Diesel will meanwhile be cheaper by 2.2 cents at EUR 1.302.

Greek leaders seek last minute agreement on aid

06. 02. 2012
Greek leaders seek last minute agreement on aid
Political leaders in Greece have failed to agree on austerity measures demanded by the EU and the International Monetary Fund perilously close to a crucial deadline.

Janša Presents the Cabinet

06. 02. 2012
Jansa Presents the Cabinet
Prime Minister-Elect Janez Janša presented the candidates for his cabinet, which is to have 11 ministers and one minister without portfolio. The list of names does not come as a surprise, as the names have already been circulated by the media.

Hundreds injured in Cairo clashes after football protest

03. 02. 2012
Hundreds injured in Cairo clashes after football protest
There were violent clashes on the streets of Cairo on Thursday night, as outraged people expressed anger at the deaths of 74 people after a football match on Wednesday.

Fitch Downgrades Govt-Guaranteed Bonds of Banks

03. 02. 2012
Eurozone
Fitch Ratings has downgraded government-guaranteed bonds of Slovenian banks NLB and Abanka Vipa to A from AA- and assigned negative outlook following the respective downgrade of Slovenia's credit rating, the banks said in a release on the web site of the Ljubljana Stock Exchange.

Egypt’s leaders vow to catch culprits after football mayhem

02. 02. 2012
Egyptian protesters
Injured players were forced to refuge in their changing room after being attacked in the mayhem which followed a pitch invasion in the Egyptian city of Port Said.

In Search of a New Mentality

02. 02. 2012
In Search of a New Mentality
To achieve a breakthrough Slovenia needs a new mentality, new values and innovation, as prosperity will not be achieved without competitiveness, a panel organised by the Manager Association was told.

UN remains split over Syria

01. 02. 2012
Un Security Council
The UN is divided over how to end the violence in Syria. A special session of the 15-nation Security Council had been asked to consider a resolution backing an Arab League plan, but Russia and China remain to be convinced.

Fiscal Measures Now!

01. 02. 2012
mechanism
Europe is changing rapidly and Slovenia must not hesitate to take measures, outgoing Prime Minister Borut Pahor said after an EU summit in Brussels at which 25 EU members, including Slovenia, reached an agreement on the new EU treaty on fiscal discipline.