News Archive - August 2013

New Central Bank Governor Wants Efficient Banking System, Warns Against Overregulation

29. 08. 2013
New Central Bank Governor Wants Efficient Banking System, Warns Against Overregulation
Efforts to restructure Slovenia's ailing banks must be aimed at achieving an efficient and stable sector, Banka Slovenije Governor Boštjan Jazbec has told the STA. Suggesting this could require consolidation, he warned against excessive supervision by the central bank as a response to past mistakes.

News Obama blames Syrian government for chemical attack but says he has not “made a decision” on action

29. 08. 2013
News Obama blames Syrian government for chemical attack but says he has not “made a decision” on action
U.S. president, Barrack Obama has said that his administration has concluded that the Syrian government carried out a chemical attack on its people in Damascus last week.

Management Fiasco in Port of Koper

28. 08. 2013
Management Fiasco in Port of Koper
Gašpar Gašpar Mišič, a member of the senior coalition party Positive Slovenia (PS), was appointed chairman of the state-owned port operator Luka Koper in a narrow vote on the supervisory board on Monday that has already invited a widespread condemnation.

What drives a young man to violent crime?

28. 08. 2013
What drives a young man to violent crime?
Everybody wants to know what causes people to turn to violent crime. But what can you tell from the family history of a robber?

Boris Pahor Conferred Title of Honorary Citizen of Trieste

27. 08. 2013
Boris Pahor Conferred Title of Honorary Citizen of Trieste
Acclaimed author Boris Pahor, a member of the Slovenian minority in Italy, became on Friday the first Slovenian to be declared an honorary citizen of Trieste, media report.

Greece 'may renegotiate rescue loans'

27. 08. 2013
Greece may seek to ease its debt burden by renegotiating its bailout terms, the Greek finance minister said on Monday.

Gaming Chain Eyeing New Investment

23. 08. 2013
Gaming Chain Eyeing New Investment
Slovenia's biggest gaming chain is mulling opening a new gaming centre on the border with Italy. The idea was discussed at a meeting of the supervisory board of HIT on Monday, which also examined financial restructuring plans.

European forests near carbon saturation point

23. 08. 2013
European forests near carbon saturation point
A new study has warned that Europe’s forests are showing signs of reaching saturation point in their ability to absorb carbon dioxide.

Slovenia Hopes EuroBasket Will Bring also Business

22. 08. 2013
Slovenia Hopes EuroBasket Will Bring also Business
Slovenia has big hopes for the upcoming European Basketball Championships both on and off the court. While the tournament is set to be the biggest sporting event in the country's history, it is also expected to provide a much needed boost to business.

Bo Xilai denies bribery at China trial

22. 08. 2013
Bo Xilai denies bribery at China trial
Disgraced Chinese politician Bo Xilai has denied one of the bribery allegations against him, as he went on trial in Jinan.

Poetry & Wine Festival Starts in Ptuj

21. 08. 2013
Poetry & Wine Festival Starts in Ptuj
Slovenia's pre-eminent poetry festival, the Days of Poetry and Wine, will be held in Ptuj in eastern Slovenia between 21 and 24 August featuring over 20 poets and a series of events designed to bring the medieval city's streets to life.

Mark Zuckerberg's big idea: The 'next 5 billion' people

21. 08. 2013
Mark Zuckerberg's big idea: The 'next 5 billion' people
Most of us take the Internet for granted. But think about what Internet access would mean to 5 billion people who don't currently have it.

WWI Grenade Safely Removed from River Soča

20. 08. 2013
WWI Grenade Safely Removed from River Soča
A 350-kilogramme cannon grenade from the First World War was safely removed from the river Soča on Friday after some 35 locals were evacuated as a precaution.

Eurozone's new challenge: Confidence

20. 08. 2013
Eurozone's new challenge: Confidence
London (CNN) -- Summer may be drawing to a close but for the eurozone's economy, spring has only just begun.

All Flights from Slovenia to Egypt Cancelled

19. 08. 2013
All Flights from Slovenia to Egypt Cancelled
Some 180 Slovenian tourists scheduled to fly to Egypt for holidays today, have decided not to go to this Arab country after violence there has been escalating over the past few days.

North Korea agrees to family reunions with the South

19. 08. 2013
North Korea agrees to family reunions with the South
In another clear sign that the severely strained relations between the two sides is slowly improving, North Korea has agreed to a proposal from the South that they resume the reunion of families separated in the 1950-53 Korean War.

Business Wishlist: Lower Taxes, Development Boost

16. 08. 2013
Business Wishlist: Lower Taxes, Development Boost
Slovenian business organisations have issued a wishlist to the government in which they ask for more "breathing room" through the lowering of taxes and measures to boost development and competitiveness.

Edward Snowden documents show NSA broke privacy rules

16. 08. 2013
Edward Snowden documents show NSA broke privacy rules
The US National Security Agency (NSA) broke privacy rules and overstepped its legal authority thousands of times in the past two years, according to documents leaked by Edward Snowden.

Gorenje Gearing up for Warsaw Listing

14. 08. 2013
Gorenje Gearing up for Warsaw Listing
Home appliances maker Gorenje is carrying out preparations for a dual listing on the Warsaw Stock Exchange. A formal proposal will be put to the company's shareholders at the 23 August annual general meeting, the company confirmed Tuesday.

Bloodshed as Cairo camps cleared

14. 08. 2013
Bloodshed as Cairo camps cleared
Egyptian security forces have moved in to clear two protest camps occupied by supporters of deposed president Mohammed Morsi in Cairo, with reports of many killed.

Business Bundesbank: Greece will need extra aid by early 2014

13. 08. 2013
Business Bundesbank: Greece will need extra aid by early 2014
Germany’s central bank expects that Greece will need additional rescue loans from its European partners by the start of 2014 at the very latest, weekly magazine Der Spiegel reported on Sunday, citing a document from the Bundesbank.

Ministry Upbeat Despite July Growth in Unemployment

13. 08. 2013
Ministry Upbeat Despite July Growth in Unemployment
Despite the increase in the number of people registered as unemployed in July, the Slovenian Labour Ministry is satisfied with this year's trends in the field and points to effects of active employment policy.

Hot Weather Boosts Turnout in Alpine Resorts

12. 08. 2013
Hot Weather Boosts Turnout in Alpine Resorts
Slovenian alpine resorts are reporting a rise in visitor numbers this summer season as many seek relief from oppressing heat in the cool of the lush valleys at the foot of the Alps.

The simple pleasures of Eid: Family, flowers and piles of sweets

12. 08. 2013
The simple pleasures of Eid: Family, flowers and piles of sweets
For the world's Muslims, the festival of Eid al-Fitr is a perfect conclusion to Ramadan -- the month-long period of fasting and contemplation practiced by observers of Islam around the globe. One of the most festive periods in the religion's calendar, Eid is often commemorated with large feasts, family-time, and through charitable acts and donations.

Germany: Merkel challenger Steinbrueck accuses Chancellor of ‘lulling country to sleep’

09. 08. 2013
Germany: Merkel challenger Steinbrueck accuses Chancellor of ‘lulling country to sleep’
Opponents of Chancellor Angela Merkel have stepped up their election campaign while the German leader is away on holiday.

Probanka Gets Extension of Recapitalisation Deadline

09. 08. 2013
Probanka Gets Extension of Recapitalisation Deadline
The central bank has granted the request of the Maribor-based bank Probanka for an extension of a deadline for recapitalisation, giving it until the end of September to secure fresh capital, the bank said Tuesday.

Part of Blocked EU Funding Released

08. 08. 2013
Part of Blocked EU Funding Released
The European Commission has released a part of the funding for Slovenia that it suspended in May over fraud in EU-funded projects, the public broadcaster RTV Slovenija reported on Tuesday.

Why is cycling so popular in the Netherlands?

08. 08. 2013
Why is cycling so popular in the Netherlands?
There are more bicycles than residents in The Netherlands and in cities like Amsterdam and The Hague up to 70% of all journeys are made by bike. The BBC's Hague correspondent, Anna Holligan, who rides an omafiets - or "granny style" - bike complete with wicker basket and pedal-back brakes, examines what made everyone get back in the saddle.

Honey from Kras Area Gets Protected Designation of Origin

07. 08. 2013
Honey from Kras Area Gets Protected Designation of Origin
Honey produced in Slovenia's western region of Kras can now be labelled with the protected designation of origin "Kraški med", the European Commission said Tuesday. The label may be used for eight types of honey produced from nectar collected by bees from vegetation in Kras.

Rural France: A tale of two villages

07. 08. 2013
Rural France: A tale of two villages
The notion of cosy, colourful village life has long drawn visitors to France but the reality can be very different.

Russian economic growth “worrisome”

06. 08. 2013
Russian economic growth “worrisome”
More indications that Russia’s economy has stalled have come from the latest business surveys there.

Drought Reaches Level of Natural Disaster

06. 08. 2013
Drought Reaches Level of Natural Disaster
The ongoing drought has already caused so much damage that it will be labelled natural disaster, Agriculture Minister Dejan Židan said on Monday as he visited the north-eastern region of Pomurje. There is no doubt disaster will be proclaimed, as damage has already exceeded 0.3% of budget revenue.

Greece’s economic reforms – are they enough?

05. 08. 2013
Greece’s economic reforms – are they enough?
Are the Greek reforms working? Can they lift the country out of its sixth year of recession? Will anyone invest in a country still in crisis?

Tax Evaders to Pay 70% Tax on Unreported Assets

05. 08. 2013
Tax Evaders to Pay 70% Tax on Unreported Assets
Those trying to avoid taxes in Slovenia might soon be facing a 70% tax on the assets they failed to report to the Tax Administration (DURS) if the National Assembly passes the changes to the tax procedure act, which are in mandatory public debate until Friday.

ECB says interest rates to stay low for ‘extended period’

02. 08. 2013
ECB says interest rates to stay low for ‘extended period’
There was no interest rate change from the European Central Bank at the policymakers’ July meeting. It stayed at a record low 0.5 percent.

New Ambassador to US Taking Over

02. 08. 2013
New Ambassador to US Taking Over
Roman Kirn, Slovenia's Ambassador to the USA, has left Washington, DC, to take over as ambassador in The Hague. The new Ambassador to the US Božo Cerar is expected to move to Washington shortly.

Day of truth for Spain’s Prime Minister Rajoy

01. 08. 2013
Day of truth for Spain’s Prime Minister Rajoy
Spain’s Prime Minister Mariano Rajoy is due to speak in parliament on Thursday about allegations of illegal payments.

Ex PM's Pahor and Kosor Commemorate Border Breakthrough

01. 08. 2013
Ex PM´s Pahor and Kosor Commemorate Border Breakthrough
President Borut Pahor met former Croatian Prime Minister Jadranka Kosor in Trakošćan, Croatia, on Wednesday to commemorate the meeting in 2009 at which they reached a key breakthrough on the long-running border dispute between Slovenia and Croatia.