News Archive - July 2015

Eurozone inflation low, unemployment high

31. 07. 2015
Eurozone inflation low, unemployment high
Eurozone inflation remained steady in July, a result of falling energy prices offsetting the impact of a rise in the price of industrial goods.

Croatia Remains Top Summer Destination for Slovenians

31. 07. 2015
Croatia Remains Top Summer Destination for Slovenians
Almost three quarters of Slovenians have gone or plan to go on vacation this year. A vast majority of them will go to the coast, preferably in Croatia, the latest survey commissioned by Slovenian Marketing Association (SMA) shows.

Royal Dutch Shell cuts 6,500 jobs

30. 07. 2015
Royal Dutch Shell cuts 6,500 jobs
Oil giant Royal Dutch Shell has announced it has shed 6,500 jobs as part of cost-cutting plans as it seeks to counter falling oil prices.

Govt Adopts Transport Development Strategy Until 2030

30. 07. 2015
Govt Adopts Transport Development Strategy Until 2030
The government adopted on Wednesday a resolution on the transport development strategy, which looks to define comprehensive development of transport and transport infrastructure until 2030, secure stable financing and meet preliminary conditions for the phasing of EU funds in the 2014-2020 period.

Microsoft says Windows 10 is a “new era” in personal computing

29. 07. 2015
Microsoft says Windows 10 is a “new era” in personal computing
Microsoft launched its Windows 10 operating system on Wednesday, hailing the return of much-missed “Start” menu.

Ronny Abraham Named Slovenia's New Arbiter

29. 07. 2015
Ronny Abraham Named Slovenia
Ronny Abraham, the president of the International Court of Justice, was on Tuesday appointed by the government as Slovenia's member of the international tribunal arbitrating on the border with Croatia.

Volkswagen overtakes Toyota in sales

28. 07. 2015
Volkswagen overtakes Toyota in sales
Germany's Volkswagen became the world's biggest-selling vehicle maker in the first half of the year, overtaking Toyota for the first time.

Slovenian Chemists Bag Emerging Technologies Prize

28. 07. 2015
Slovenian Chemists Bag Emerging Technologies Prize
The Royal Society of Chemistry awarded third prize at the Emerging Technologies Competition 2015 in London to a team of chemists of the National Institute of Chemistry. The team won their prize with novel catalysts for syngas production from biogas, the Ljubljana Technology Park said in a press release.

Chinese markets in free fall

27. 07. 2015
Chinese markets in free fall
After three weeks of relative calm Chinese shares went into free fall on Monday.

Cerar, Medvedev Agree Lifting Sanctions in Everyone's Interest

27. 07. 2015
Cerar, Medvedev Agree Lifting Sanctions in Everyone's Interest
Prime Minister Miro Cerar and visiting Russian counterpart Dmitry Medvedev shared a view in Ljubljana on Monday that the sanctions introduced against Russia by the EU over Ukraine have hurt both countries' economies and that lifting them is in the interest of everyone.

Obama to press African leaders on rights and corruption

24. 07. 2015
Obama to press African leaders on rights and corruption
US President Barack Obama has told the BBC he will continue to deliver his "blunt message" to African leaders about gay rights and discrimination.

Minority in Hungary Gets New Meeting Point, Training Centre

24. 07. 2015
Minority in Hungary Gets New Meeting Point, Training Centre
Ministers responsible for agriculture and Slovenians abroad, Dejan Židan and Gorazd Žamvc, have opened a model Slovenian farm in the village of Gornji Senik (Felsoszölnök), one of the villages that is home to Slovenian minority in Hungary.

Slovenian Researchers Help Develop Clean Alternative to Diesel Generators for Trucks

23. 07. 2015
Slovenian Researchers Help Develop Clean Alternative to Diesel Generators for Trucks
Slovenia's leading research institution, the Jožef Stefan Institute (IJS), has teamed up with foreign partners in developing a cleaner alternative to diesel generators for use in trucks that harnesses fuel cell technology.

Apple leads the way in China with Huawei on its tail with sales of smartphones

22. 07. 2015
Apple leads the way in China with Huawei on its tail with sales of smartphones
A week of good news for Huawei. The company reported its global smartphone sales jumped by 39 percent in the first half of the year.

Maribor Increasingly Popular Hub for Sports Tourism

22. 07. 2015
Maribor Increasingly Popular Hub for Sports Tourism
The city of Maribor is well aware of its potential in sports tourism and plans to further support any efforts in the domain, Maribor Mayor Andrej Fištravec said on Tuesday, as the town is becoming an increasingly popular pre-season camp destination for large sports teams.

Suruc massacre: Turkey suicide bombing suspect identified

21. 07. 2015
Suruc massacre: Turkey suicide bombing suspect identified
A suspect has been identified in the suicide bomb attack that killed 32 young activists in Turkey, the country's prime minister has said.

Working Week in Slovenia among Longest in EU

21. 07. 2015
Working Week in Slovenia among Longest in EU
Slovenia is one of the EU countries with the longest working week and the shortest statutory minimum leave, a survey by the European Foundation for the Improvement of Living and Working Conditions (Eurofound) has found.

EBRD Interested in Investment Projects in Maribor

20. 07. 2015
EBRD Interested in Investment Projects in Maribor
The European Bank for Reconstruction and Development (EBRD) is interested in cooperation with the Maribor municipality and is ready to support investment projects in Slovenia's second largest city, Jolanta Gabriel, the head of the EBRD office in Slovenia, said after Friday's visit to Maribor.

Ljubljana Stock Exchange Sold to Zagreb Counterpart

17. 07. 2015
Ljubljana Stock Exchange Sold to Zagreb Counterpart
CEE Stock Exchange Group (CEESEG) signed a deal on Thursday to sell the Ljubljana Stock Exchange (LJSE) to its Zagreb counterpart. The value of the deal has not been disclosed.

Greece’s Syriza party revolt leaves Tsipras clinging to power

16. 07. 2015
Greece’s Syriza party revolt leaves Tsipras clinging to power
The Greek prime minister’s Syriza party has been deeply split after it refused to back a bailout that he accepted to keep the country in the eurozone.

Business Happy about Iran Nuclear Deal

16. 07. 2015
Business Happy about Iran Nuclear Deal
Slovenian business representatives have welcomed the historic Iranian nuclear deal that will grant the country relief from sanctions. They see opportunities in industry, logistics, tourism and energy.

First on CNN: Sources say MH17 report blames Russian missile for shooting down plane

15. 07. 2015
First on CNN: Sources say MH17 report blames Russian missile for shooting down plane
It's been nearly one year since 298 people were killed after a commercial passenger plane broke up over the Ukraine.

Slovenia Shaping Up for Fight Over Teran Wine

15. 07. 2015
Slovenia Shaping Up for Fight Over Teran Wine
Slovenia plans to fight Croatia's renewed efforts to use the name Teran - which Slovenia protected in the EU - for a wine produced in the Istria region that it cannot sell under the current arrangement.

Slavko Avsenik Remembered as Musical Genius, Hard Worker, Warm Being

14. 07. 2015
Slavko Avsenik Remembered as Musical Genius, Hard Worker, Warm Being
Slovenia is grieving for the legendary accordion player and composer Slavko Avsenik, who died on Thursday aged 85. Irma Rauh, music editor at Radio Slovenia, described him a the biggest Slovenian musician, a genius, giant of folk music, whose music is an important part of Slovenian culture.

Foreign Minister Erjavec Visits Ukraine

14. 07. 2015
Foreign Minister Erjavec Visits Ukraine
Foreign Minister Karl Erjavec is visiting Ukraine today to meet his counterpart Pavlo Klimkin. The pair is expected to discuss economic cooperation and bilateral ties, the Foreign Ministry said.

Europe stock markets surge on Greek deal

13. 07. 2015
Europe stock markets surge on Greek deal
European stock markets were given a boost on Monday by the news that euro zone leaders reached an agreement to move forward with a bailout loan for Greece.

Central Bank Buys EUR 888M in Bonds until June

13. 07. 2015
Central Bank Buys EUR 888M in Bonds until June
The Slovenian central bank has purchased EUR 888m in bonds until the end of June as part of the quantitative easing programme launched by the European Central Bank (ECB) on 9 March. In June alone, Banka Slovenije bought EUR 228m in bonds, the biggest amount so far.

World Network of Ljubljana University Established

10. 07. 2015
World Network of Ljubljana University Established
The World Network of the Ljubljana University has been established in a bid to boost the quality of study programmes and international cooperation and reputation of the Ljubljana University. It will link respected scientists, professors and other people active in the academia and research and development outside Slovenia.

Man held after two killed in German drive-by shootings

10. 07. 2015
Man held after two killed in German drive-by shootings
In Germany at least two people have been killed in a drive-by shooting in northern Bavaria.

EU says Mastercard overcharges consumers and retailers

09. 07. 2015
EU says Mastercard overcharges consumers and retailers
European Union officials have accused Mastercard of overcharging consumers with the fees the company charges.

Govt to Extend Bad Bank's Mandate until End of 2022

09. 07. 2015
Govt to Extend Bad Bank's Mandate until End of 2022
The government will discuss today changes to the act on measures for strengthening stability of banks. The changes also envisage an extension of the operations of the Bank Asset Management Company (BAMC) until 2022.

China’s stock market meltdown continues

09. 07. 2015
China’s stock market meltdown continues
The meltdown continued on China’s stock markets on Wednesday with the two main bourses falling around 6 percent each.

Key Barrier to Telekom Slovenije Sale Removed

09. 07. 2015
Key Barrier to Telekom Slovenije Sale Removed
The Macedonian anti-trust watchdog has cleared the merger of the local mobile telephony subsidiaries of Telekom Slovenije and Telekom Austria, in a move which could set the wheels in motion on the halted sale of the Slovenian telecoms incumbent to a UK buyout fund.

Dutch PM to Greece: only way to keep the euro is deep reform

07. 07. 2015
Dutch PM to Greece: only way to keep the euro is deep reform
There is a warning to Greece from the prime minister of The Netherlands: the only way to keep the euro is to accept deep reforms.

"Class Enemy" Bags LUX Prize Audience Mention

07. 07. 2015
The award-winning Slovenian film "Razredni sovražnik" (Class Enemy) received Sunday the LUX Prize Audience Mention 2014 at the Karlovy Vary International Film Festival, the Slovenian Film Centre (SFC) has said.

Traditional Slovenian Language Seminar for Foreigners Opening

06. 07. 2015
Traditional Slovenian Language Seminar for Foreigners Opening
A traditional two-week Slovenian language seminar for foreign learners of Slovenian and Slovenian emigrants and members of the minorities in neighbouring countries will get underway today at the Ljubljana Faculty of Arts.

Food from animal clones: what European citizens need to know

03. 07. 2015
Food from animal clones: what European citizens need to know
Concerns about food products from cloned animals are preoccupying Emma from Lyon, who asks: “In Europe are we eating meat or milk from cloned animals?”

Legendary Musician Slavko Avsenik Dies

03. 07. 2015
Legendary Musician Slavko Avsenik Dies
Internationally-recognised accordion musician and composer Slavko Avsenik has died at the age of 85. He is leaving behind a rich legacy of oompah music and a polka that is believed to be the most frequently played piece of music in the world.

Greek debt crisis: 'No' vote 'will not lead to better agreement'

02. 07. 2015
http://www.wealthdaily.com/articles/investing-in-the-greek-bailout/6013
A "No" vote in the Greek referendum on bailout terms would not provide Greece with an easy way out of its economic crisis, the head of the grouping of eurozone finance ministers has said.

Kolektor Expands Production in Bosnia

02. 07. 2015
Kolektor Expands Production in Bosnia
Kolektor, the Idrija-based industrial conglomerate, has opened a new production hall at its location in Laktaši in Bosnia-Herzegovina. The investment will be worth an estimated EUR 10m after the hall is fully equipped in the course of the coming five years.

Merkel: no talks on new Greece bailout deal until after referendum

01. 07. 2015
Merkel: no talks on new Greece bailout deal until after referendum
The German Chancellor has said there’ll be no negotiations on a new Greek bailout deal until after the country’s referendum on Sunday.

NKBM Bank Sold to US Buyout Fund Apollo and EBRD

01. 07. 2015
NKBM Bank Sold to US Buyout Fund Apollo and EBRD
The Slovenian Sovereign Holding (SSH) confirmed the sale of Slovenia's second-largest bank, NKBM, to US buyout fund Apollo Global Management and the European Bank for Reconstruction and Development (EBRD) on Tuesday. A sales contract with which Apollo will get 80% and EBRD 20% of the bank for a combined EUR 250m has already been signed.