Slovenia’s finance minister has said the country has sufficient cash “for quite a period” and will not attempt any further money raising efforts in the near term as the country readies 15 companies for privatization.
Finance minister Uroš Čufer also predicted that the country’s borrowing costs will fall further from current levels as the nation’s fundamentals look “strong”.
Earlier this month, Slovenia issued 2 billion euros ($2.76 billion) in bonds on international markets after a 3-year hiatus. The offering included 1 billion euros in 3-year bonds and another 1 billion euros in 7-year bonds.
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