Ljubljana related

06 Nov 2019, 04:19 AM

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A schedule of all the main events involving Slovenia this week can be found here

This summary is provided by the STA:

Šarec urges strong cohesion policy, future-oriented EU budget

PRAGUE, Czechia - A summit of the Friends of Cohesion, an informal group of EU members opposing cuts to cohesion funds, urged the EU to adopt a 2021-2027 budget with a sufficient amount of cohesion funds. Slovenian PM Marjan Šarec said that "a strong EU needs a sufficient and future-oriented budget" which will address the bloc's key challenges. The EU will not be able to achieve this if cohesion funds are further cut, so a strong cohesion policy should be preserved, Šarec said at the summit of 17 net recipients of development funds from the EU budget.

C-bank under pressure over fears lending curbs will stifle growth

LJUBLJANA/PRAGUE, Czechia - The central bank remains under pressure to change its mind after it recently introduced rules that severely limit consumer and housing loans. "At a time when the economy is cooling, we have to find ways to promote the circulation of money," Prime Minister Marjan Šarec said, adding that the restrictions could shave 0.3 percentage points off economic growth. He voiced the hope that Banka Slovenije and its governor, Boštjan Vasle, would take a step back. NLB chairman Blaža Brodnjak joined the criticism as well, arguing that such a measure should not have been adopted unilaterally and over night. He urged dialogue when such systemic issues are at stake.

Corruption cases on the rise, prosecutors say

LJUBLJANA - White-collar crime in the usual sense is on decline in Slovenia, while corruption is on the rise, State Prosecutor General Drago Šketa said as he addressed a two-day forum hosted by the Association of State Prosecutors. He called corruption a "systemic anomaly", which should be prevented by state mechanisms. Prosecutor Boštjan Valenčič believes this is so because "corruption is still socially acceptable", while former State Prosecutor General Zvonko Fišer, who was critical of the changes to the penal code and the criminal procedure act made in recent years.

Anniversary of NLB listing marked on London Stock Exchange

LONDON, UK - The floating of NLB on the London Stock Exchange was labelled a success story by leading representatives of the bank and the stock exchange as the first anniversary of NLB as a publicly listed company was commemorated. NLB was listed on the Ljubljana and London stock exchanges on 14 November last year in what wrapped up the state's sale of the majority of Slovenia's leading bank via an initial public offering (IPO). Becoming the first Slovenian joint-stock company on the London Stock Exchange, NLB was listed in London in the form of financial instruments known as global depository receipts or GDRs.

Sij rejects speculation it wants to enter Petrol

LJUBLJANA - The Russian-owned steel maker Sij dismissed speculation it was interested in taking over energy trader Petrol. It said it "did not and that does not have such an interest and also does not plan to enter Petrol's ownership structure in the future". "Aiming to prevent the spreading of false information", Sij denied any plans to enter the state-controlled energy company. Some have suggested it was the result of Russian interest to enter Petrol, noting the latter's chief supervisor Nada Drobne Popovič also serves as the CFO of metalworks company Acroni, a member of SIJ Group.

Diaspora minister Česnik starts ten-day visit to Australia

CANBERRA, Australia - Minister for Slovenians Abroad Peter Jožef Česnik is starting a ten-day visit to Australia. Travelling across the continent, he will make stops in Brisbane, Canberra, Perth, Melbourne and several other smaller towns to meet members of the community he belonged to for nearly four decades. Minister Česnik himself moved to Australia in 1967 and lived there for 36 years before returning to Slovenia after retiring. On route to Australia, Česnik made a stop in Singapore, where Slovenians are building a new community.

Slovenia active at London's World Travel Market

LONDON, UK - Slovenia, represented by 32 tourism companies and organisations under the wing of the Slovenian Tourism Board (STO), is presenting itself at the 2019 World Travel Market (WTM) in London as a destination committed to sustainability and providing for an active holiday supported by gastronomy and culture. At this leading global event for the travel industry, running from Monday to Wednesday, the STO organised two meetings with select British media today. A highlight of the first meeting was the new 270 km-long hiking route in the Julian Alps, while Slovenia's gastronomic delights were in the focus of the second meeting.

R&D funding in Slovenia boosted for the first time since 2013

LJUBLJANA - Slovenia saw its gross domestic expenditure in research and development (R&D) increase last year for the first time since 2013, but the figure is still 4.6% below the all-time high recorded that year, the Statistics Office said. Gross domestic expenditure in R&D in the corporate, government, higher education and private non-profit sectors increased by 11.2% compared to 2017 to a combined EUR 892.4 million in 2018. The figure represents 2% of GDP, which compares to 1.9% of GDP in 2017. Like in the past, the highest proportion of gross domestic R&D expenditure was spent in the corporate sector - EUR 662.1 million, or 1.4% of GDP.

Slovenia 4th in EU in plastic packaging waste recycling

LUXEMBOURG, Luxembourg - Slovenia ranks high in the EU in terms of recycling and processing of waste plastic packaging, with the share of such waste that gets re-used standing at 60%, well above the bloc's average of 42%, Eurostat has reported. Based on the data for 2017, topping the list is Lithuania with 74%, while Slovenia is 4th, being trailed by the Czech Republic (59%), Slovakia (52%) and the Netherlands (50%). Around 50,164 tonnes of plastic waste was generated in Slovenia two years ago, of which 30,275 tonnes was re-used.

Former PM, skier honoured by Japan

LJUBLJANA - Slovenia's first prime minister Lojze Peterle and Olympic medallist Jure Franko have received Japanese state decorations for their work in promoting relations between Slovenia and Japan, the Japanese Embassy in Slovenia said. Peterle received the Grand Cordon of the Order of the Rising Sun for the promotion of bilateral ties between Slovenia and Japan and for the strengthening of EU-Japanese relations. Franko, best known as the first Slovenian Winter Olympic Games medallist, received the Order of the Rising Sun, Silver Rays for the promotion of Slovenian-Japanese exchange in skiing.

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05 Nov 2019, 04:22 AM

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This summary is provided by the STA:

Shareholders to learn more about Petrol management resignation at shareholding meeting

LJUBLJANA - Slovenian Sovereign Holding (SSH) sent a response to the government regarding the 24 October resignation of the Petrol management, which has upset the business community and the public, which however brought no new insight into the reasons for the move. Shareholders now expect to get more information at a shareholder meeting. The prime minister's office welcomed the idea about the shareholder meeting, saying any step enabling the shareholders to obtain more information was welcome.

Slovenia and Italy to extend, intensify joint border policing

LJUBLJANA - The Slovenian and Italian police forces will further enhance cooperation in fighting illegal migrations, as the number of joint police patrols, launched on 1 July, will be doubled from four to eight, the General Police Department told the STA. This was agreed in Trieste on 24 October. Seven units will be patrolling the border in the area of the Koper Police Department in the south-west of Slovenia and one in the area of the Nova Gorica Police Department further north on the Slovenian-Italian border. The two countries' police forces also agreed to exchange information more promptly to allow for more flexible planning of joint policing of the border, the Slovenian police also said.

Decade on, arbitration agreement yet to be implemented

LJUBLJANA - It is ten years, to the day, since Slovenia and Croatia signed an agreement to take their long-running border dispute to a binding international arbitration. However, rather than ending what had been a recurrent source of tensions between the two countries, these only mounted after Croatia withdrew from the arbitration process in 2015. The arbitration tribunal declared the award in June 2017, but Croatia refuses to accept it, which is why Slovenia brought legal action against it at the EU Court last year.

Slovenia promoted in Shanghai

SHANGHAI, China - Slovenia will be showcased as a country of advanced technologies and a winter sports destination at China International Import Expo (CIIE). Its opening on Tuesday will be attended by Chinese President Xi Jinping, with Economy Minister Zdravko Počivalšek arriving from Slovenia for the occasion. This is the second time that CIIE is being held and the second time that Slovenia is being featured. Slovenia will also be promoted as a partner for the 2022 Winter Olympic Games in Beijing.

Opinions vary, issues raised as provinces debate is revived

LJUBLJANA - Representatives of parliamentary parties and experts agreed that administrative provinces should indeed be established in Slovenia as President Borut Pahor hosted a debate on the topic, while the opinions differed regarding the territorial division as well as the question of their powers and financing. The debate focussed on a new proposal, coming after a ten-year break and envisaging eleven provinces centred around existing city municipalities.

Task force to look for solutions for border areas affected by migration

LJUBLJANA - PM Marjan Šarec met the mayors of border municipalities to discuss ways to reduce the impact of illegal migration on the lives of people living in border areas. They agreed to set up a task force that will prepare systemic solutions. The task force will consist of representatives of the municipalities and the government, and will be coordinated by Interior Minister Boštjan Poklukar. It is to start work within the next two weeks.

LMŠ considering easing 2015 fiscal rule

LJUBLJANA - The ruling Marjan Šarec List (LMŠ) declared that the time had come to ease up on the fiscal rule which was introduced to put constraints on public spending in mid-2015. The party said that most EU countries were relaxing fiscal policies, while Slovenia continued with a strategy that was slowing down progress. The party is drawing up an amendment to ease the fiscal rule. After being presented to coalition partners and following a public consultation, it is to be tabled in parliament in December.

LMŠ urges freezing loan caps until adoption of housing bill

LJUBLJANA - Following up on a critical response from Prime Minister Marjan Šarec, his LMŠ party called on Banka Slovenije to put the new restrictions on consumer loans on hold until a new housing act is passed that facilitates housing credit access for the young. "We believe that the Banka Slovenije measure is worsening the social situation of a significant number of citizens," the party commented on the much criticised loan restrictions which are in force since 1 November.

Former NLB, NKBM execs say they had no say in asset transfer to bad bank

LJUBLJANA - The parliamentary inquiry into suspected abuse of office at the bad bank interviewed the former chairmen of NLB and NKBM, Janko Medja and Aleš Hauc, who said that the banks had no power in determining which assets were going to be transferred to the bad bank and which not as part of the 2013 bailout. Medja said the bank did not agree with certain results of asset quality reviews (AQR). Similarly, Hauc described the 2013 stress tests as "too brutal", asserting that the AQR strongly underestimated the value of loan collateral.

Telekom ordered to pay Greek partner in joint media venture

LJUBLJANA - Telekom Slovenije, the telecoms incumbent, confirmed it had been ordered to pay EUR 17.6m plus default interest to its Greek partner Antenna Group for its remaining 34% stake in a media joint venture that the Greeks have long sought to exit. The venture, Antenna TV SL, produces Planet TV, a commercial TV station that has been in the red ever since it was launched in 2012. Since the partners could not reach an agreement, they resorted to the Court of Arbitration of the International Chamber of Commerce, which decided on 31 October that Antenna Group exercised its put option correctly. Telekom said its own legal costs and the counterparty's plus default interest totalled EUR 5.3m.

SID Banka to provide consultancy on Juncker Plan investments

LJUBLJANA - SID Banka signed an agreement with the European Investment Bank (EIB) to expand its services to investment consulting. The state-owned export and development bank has been Slovenia's entry point for the Investment Plan for Europe, also known as the Juncker Plan, since November 2015. Sid Banka will use the EUR 440,000 it is entitled to under the agreement to finance an investment consultancy hub to help develop and structure projects, and offer financial advice and assistance in obtaining EU funds.

SDS, SLS spent the most on EU election campaign

LJUBLJANA - A report on party campaign costs for the 26 May elections to the European Parliament showed that the winning coalition of the Democrats (SDS) and People's Party (SLS) spent the most on their campaign, EUR 230,000. Meanwhile, the campaigns of the Social Democrat (SD) and Marjan Šarec Party (LMŠ) were the most effective given the money invested, having spent EUR 35,000 and EUR 36,000, respectively for each of two seats won. The least effective was the campaign of the Modern Centre Party (SMC).

Krško nuclear station back at full capacity

KRŠKO - The Krško Nuclear Power Station (NEK) announced it was operating at full capacity again following a nearly month-long scheduled regular maintenance shutdown. The station was reconnected to the grid last Tuesday and reached full capacity on Saturday. The power plant is operating in a stable way and the next regular maintenance shut-down is scheduled for the spring of 2021.

ETI to raise pay to all employees

IZLAKE - The increase in the statutory minimum wage has prompted the foreign-owned industrial concern ETI to overhaul the pay system in its five companies in Slovenia as a result of which wages will go up by over 10% on average. The Izlake-based company said all its employees would benefit from a rise next year, not just the lowest paid workers, because otherwise a change in pay ratios could negatively impact on employee motivation. The concern employs 1,600 people in Slovenia and abroad.

Slovenian literature showcased in Vienna

VIENNA, Austria - Slovenia's contemporary authors and illustrators are being showcased in Vienna as the Week of Slovenian Literature got under way as part of Year of Neighbourly Dialogue between Slovenia and Austria. The festival opened with the launch of an exhibition on Slovenian illustration since 1976 at the central Vienna library and a concert. The highlight will be Thursday's presentation at Buch Wien, the international book fair, featuring writers Drago Jančar, Aleš Šteger and Mojca Kumerdej.

New ballet production in Ljubljana retelling Great Gatsby

LJUBLJANA - The first ballet premiere of the 2019-2020 season at the Ljubljana SNG Opera and Ballet House is a modern retelling of F. Scott Fitzgerald's iconic novel The Great Gatsby choreographed by internationally acclaimed Leo Mujić. The ballet, which explores the bombastic construct of the 1920s American Dream through a modern perspective, will open on Thursday. Istvan Simon, the former principal dancer of the Dresden Semperoper Ballet and the Hungarian National Ballet, is cast as Jay Gatsby.

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04 Nov 2019, 04:15 AM

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This summary is provided by the STA:

Second WWII bomb safely defused in Maribor

MARIBOR - A 500kg World War Two bomb was safely defused in Maribor after hundreds of people were evacuated from their homes in the vicinity. In the largest such operation in Slovenia's second largest city since 1945, the authorities called on 1,000 people living within a 300-metre radius of the bomb to leave their homes. A further 2,200 residents in a 300-600-metre radius were told to keep indoors and away from the windows facing the bomb site close to the city's main coach station. In a similar operation, a 250kg bomb was defused in Maribor on Thursday, causing the evacuation of 80 people.

Slovenia joining UNIDO Industrial Development Board

ABU DHABI, UAE - A delegation headed by Economy Ministry State Secretary Aleš Cantarutti is taking part in the 18th session of the General Conference of the UN Industrial Development Organization (UNIDO) in Abu Dhabi, discussing the significance of inclusive and sustainable economic development. During the session the delegation will meet UNIDO Director-General LI Yong, and other UNIDO officials, while Slovenia will become a member of the organisation's Industrial Development Board for the first time.

Ex-president rebukes elites over Croatia-Slovenia relations

KUČIBREG, Croatia - Milan Kučan, Slovenia's first president, criticised political elites in Slovenia and Croatia for their lack of initiative to resolve issues troubling bilateral relations, as he addressed a ceremony commemorating WWII battles in which Croatian, Italian and Slovenian Partisan resistance members fought German forces together. He also called for dialogue to resolve the Catalan crisis, arguing the issue at stake in Catalonia was a matter of freedom, human rights and democracy.

Court upholds regulator's decision to fine Sava

LJUBLJANA - The Administrative Court ordered Sava, the indebted tourism holding, to pay a fine of EUR 300,000 for failing to offload its stake in the bank Gorenjska Banka on time as decreed by the central bank. Reporting on the news on Saturday, the public broadcaster TV Slovenija said that Sava had filed an appeal against the court's decision. Banka Slovenije ordered Sava in 2015 to sell its 37.6% stake in Gorenjska Banka within six months, but Sava did not sell the stake until this year.

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02 Nov 2019, 04:37 AM

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Two migrants drown trying to cross southern border

ČRNOMELJ - The bodies of two men were pulled from the River Kolpa near the village of Vukovci on Slovenia's southern border on Thursday. The victims were likely migrants who drowned attempting to cross the border illegally, according to preliminary police findings.

Violent attack on Ljubljana gay club

LJUBLJANA - A group of unidentified persons stormed Tiffany Club, a popular venue for LGBT events at the Metelkova Mesto alternative arts centre in Ljubljana, early on Friday morning, in what circumstances suggest was an attack motivated by hate. No one was injured in the attack and the perpetrators fled the scene when the police arrived.

Strict lending conditions for households take effect

LJUBLJANA - Strict new crediting conditions for households formally took effect on Friday, amidst fears that the central bank's brake on lending will depress the economy and lock tens of thousands of low-income households out of the housing market.

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01 Nov 2019, 03:40 AM

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Slovenia observes Reformation Day

LJUBLJANA - Slovenia's Evangelical Lutheran Church Bishop Geza Filo stressed in his sermon on Reformation Day that a reformation movement is needed again today to counteract exploitation and abuse of power, the same reasons that led to the 16th century Reformation movement. The world is in dire need of responsible people who take their duties seriously and do not abuse their position for egotistic ambitions, Filo said, setting as example climate activist Greta Thunberg, whom he labelled a "young reformer" in an interview for the STA.

Technicians successfully diffuse WWII bomb in Maribor

MARIBOR - The first of two WWII-era bombs discovered at construction sites in Maribor last week was successfully diffused in the early afternoon. The 250-kilogramme bomb, one of thousands dropped on Maribor by the Allies between 1944 and 1945, was deactivated by experts of the national unit for protection against unexploded ordnance. Maribor police PR officer Miran Šadl told the press that technicians managed to unscrew both detonators. The bomb has been found by construction workers near the Europark shopping centre.

Household savings see record growth in past year

LJUBLJANA - Slovenians remained among the most frugal nations in the EU in the past year and positive economic trends further boosted the savings figures. Traditional forms of saving remain dominant, but investments into shares and equity are also rising. Some uncertainty has meanwhile been caused by talk of negative interest rates and lending restrictions. Slovenia is among the 80 countries celebrating World Savings Day on 31 October. Saving has a long tradition in the country, with the first savings bank in Ljubljana dating back to 1820 and the first bank to 1900. The frugal character of Slovenians, whose gross household saving rate was 2.6 percentage points above the EU average of 10% last year, has contributed to EUR 55.5 billion in total household savings recorded at the end of June 2019.

Slovenians once again urged to light fewer candles

LJUBLJANA - Slovenians light many candles at graves to observe the Day of Remembrance of the Dead, which leads to substantial amounts of waste. Efforts have been under way in recent years to encourage people to swap the single-use candles for electric ones, or to use painted stones or small banners instead of candles to reduce waste. Indeed, a positive trend has been detected, as candle sales dropped by 14% between 2010 and 2018, the ministry pointed out before the holiday, when most Slovenians head to one or several of what are nearly 1,200 cemeteries in the country.

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31 Oct 2019, 02:04 AM

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Petrol supervisors provide no details about overhaul, KNOVS visits SOVA

LJUBLJANA - Acting upon a request by SSH state asset custodian and by extension the government, the supervisors of energy group Petrol failed to provide details on why the company's entire management board resigned last week. The supervisors said the departing managers had agreed to a potential publishing of documents showing the move was by mutual agreement, but they did not consent to disclosing the circumstances. Meanwhile, parliamentary Commission for the Oversight of Intelligence and Security Services (KNOVS) visited the SOVA national intelligence and security agency in the morning in connection to a current development in Slovenia's economy. The inquiry was allegedly prompted by the Petrol development, but no details were provided.

Slovenia's annual inflation at 1.4% in October

LJUBLJANA - Consumer prices in Slovenia grew at an annual rate of 1.4% in October, down from 1.7% in September, while monthly inflation was 0.1%. Annual inflation is driven by higher prices of services, which were up 3.2% to contribute 1 p. p. to the rise. Pushing annual inflation up by 0.4 p. p. were higher prices of housing, water, electricity, gas and other fuels, also as a result of prices of refuse collection increasing by 18.2%, the Statistics Office said. Inflation was pushed down by 0.2 points by lower prices of motor fuels. Higher prices of clothing (3.8%) and footwear (5%) stand out at the monthly level.

Number of tourists up 5.7% in first nine months

LJUBLJANA - A total of 5.2 million tourists were recorded in Slovenia in the first nine months, generating 13.2 million overnight stays, with the numbers going up 5.7% and 1.9%, respectively, the Statistics Office said. The number of foreign tourists recorded in Slovenia in the period was up by 7.1% and the number of overnight stays they generated by 3.5%. At the annual level, the number of German tourists increased the most, by 15%. In September alone, the number of tourists reached 630,000 which is 3.7% more year-on-year. Almost 1.5 million overnight stays were recorded.

Fraud suspected in EU-funded project involving Minister Pivec

LJUBLJANA - The Economy Ministry has reported to the prosecution suspicion of fraud and document forgery involving the Tourism and Hospitality Chamber, its director the former Education Minister Klavdija Perger and other persons. Media reports indicate that Agriculture Minister Aleksandra Pivec was also involved, but she is allegedly not among those reported. The ministry said it had reported the suspicion in June after going through co-funding contracts for the Strategic Development Innovation Partnership Tourism (SRIPT), a project of the chamber eligible for EUR 390,000 in EU funding.

Počivalšek: Regional airline potential partner of new flag carrier

LJUBLJANA - A potential partner of a new flag carrier which might be set up to fill the void left by Adria Airways's bankruptcy is a regional airline, Economy Minister Zdravko Počivalšek told the weekly Mladina in an interview. "The talks with this potential partner are at quite an advanced stage, but I cannot for the moment reveal the name of this company" said the minister, who also did he confirm whether Slovenia would indeed establish a new Adria.

Chamber of Commerce joins calls against consumer loan limitations

LJUBLJANA - The Chamber of Commerce (TZS) is the next to take issue with the central bank stiffening the conditions for consumer loans, saying the measure will have negative effect on consumption, and calling for the decision to be changed and its negative consequences mitigated. While agreeing that the forecasts of economic slow-down should be taken seriously, the TZS added that the "macroprudential measure by Banka Slovenije is disproportionate and excessive." The chamber's call follows criticism expressed by PM Marjan Šarec as well as the Bank Association.

Spirit of Reformation still topical, Protestant leader says

LJUBLJANA - Geza Filo, the outgoing head of Slovenia's Evangelical Lutheran Church, believes the spirit and teachings of the Reformation are still topical 500 years after the movement to reform the Roman Catholic Church shook Europe. "There are many challenges which call for many reforms. Reformation Day is always an opportunity to ask ourselves how we live, and whether we need everything we buy and whether it's good for our fellow man," the bishop has told the STA prior to Reformation Day, observed on 31 October. In the evening Slovenia observed the holiday with a national ceremony, with parliamentary Speaker Dejan Židan delivering the keynote.

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30 Oct 2019, 01:47 AM

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Šarec critical of central bank-imposed consumer lending restrictions

LJUBLJANA - PM Marjan Šarec issued a scathing criticism of the restrictions to consumer lending to be enforced by Banka Slovenije as of 1 November. Echoing the views of the Bank Association, Šarec spoke of a poorly thought through measure that would harm the people and the state. He urged a "more humane and realistic" approach. Šarec announced he would call on representatives of the Bank Association to use a meeting scheduled for 15 November with key stakeholders "to reconsider and find a better solution that will be to the benefit of all people and at the same time secure financial stability".

Bonus for social benefit recipients scrapped

LJUBLJANA - MPs in an 34:18 vote amendments scraping a bonus for social benefit recipients who work. The majority of MPs agreed that the bonus, introduced in 2012 as a corrective welfare measure and work incentive, in many cases discouraged people from taking a full-time job. Labour Minister Ksenija Klampfer reiterated during the debate that the bonus did not have the same effect as in 2012, when it was introduced, and did not encourage people to take on a job. The strongest opposition to eliminating the bonus was voiced by the opposition Left, which deems it an anti-social measure. Also added was an amendment from the SDS under which able-bodied recipients of welfare need to participate in public works, otherwise their benefit is cut in half.

Loan guarantee bill for rail, expressway passes first reading

LJUBLJANA - The bill providing state guarantees for the construction of a new rail link to the port of Koper and two sections of the Third Development Axis expressway was passed at first reading. However, the debate indicated that parties are far from supporting the bill in its current form and have announced amendments for second reading.The bill entails a maximum of EUR 417 million loan guarantee for the railway and another EUR 360 million for the two expressway sections, one in the north one in the south. Infrastructure Minister Alenka Bratušek said that the loan guarantees could save Slovenia more than EUR 8.34 million a year for loans with maturity of between 20 and 30 years.

Cerar discusses cooperation, W Balkans, Middle East in UAE

ABU DHABI, UAE- Foreign Minister Miro Cerar met Minister of State for Foreign Affairs Anwar bin Mohammed Gargash on day two of his working visit to the United Arab Emirates (UAE), discussing with him further cooperation and the situations in the Middle East and the Western Balkans, the Foreign Ministry said. In the afternoon, Cerar officially inaugurated in Abu Dhabi Slovenia's first embassy in a Gulf country, which has been operating since 2018.

Gorenje to be split into two companies

VELENJE/LJUBLJANA - The household appliances maker Gorenje will be split into two companies as part of group integration a year after it was taken over by Chinese conglomerate Hisense, with the management becoming a separate company. Hisense Europe will be headquartered in Ljubljana and provide corporate support services for all Hisense companies in Europe. Meanwhile Gorenje will comprise the production company in Velenje and the Gorenje group's subsidiaries. The company said in a press release that adaptation to new business environment demanded a further boosting of efficiency and streamlined organisation of the Gorenje group.

Clashing interpretations as reasons for Petrol board resignation leaked

LJUBLJANA - Days after the board of energy group Petrol surprisingly stepped down over differences in strategy with the supervisory board, a document has been leaked indicating that the board's borrowing plans for future acquisitions had exceeded limits set down in the current strategy. A leaked legal opinion that the Čeferin Law Firm made for the the Petrol supervisory board shows that the management board had repeatedly changed its estimate of how much leverage the company would have to take on to finance its continued expansion in the Balkans.

New EP resolution on totalitarianism starting to stir Slovenian politics

LJUBLJANA - Following years of disagreement on the manner in which Slovenia should acknowledge the 2009 European Parliament resolution on European conscience and totalitarianism, a new resolution to this effect adopted in Strasbourg in September this year could be headed down the same path. Slovenian MEPs from the ranks of the European People's Party (EPP) said they had called on the government and parliament to act in keeping with the resolution on the importance of European remembrance for the future of Europe. The document also calls on "all member states of the EU to make a clear and principled assessment of the crimes and acts of aggression perpetrated by the totalitarian communist regimes and the Nazi regime".

Public transport free of charge for pensioners as of mid-2020

LJUBLJANA - The National Assembly unanimously endorsed legislative changes making public transportation free of charge for pensioners and persons with disabilities, among others, as of 1 July 2020. In addition to pensioners and persons possessing the EU disability card, the motion also applies to all registered athletes attending secondary schools and universities and university students with motor disabilities. It was proposed in the thurd reading today by the SMC and three other parties that unemployed independence war veterans are also eligible for the benefit. The amendment was confirmed.

AI challenges discussed at UN event co-hosted by Slovenia

NEW YORK, US - Slovenian mission to the UN, the Council of Europe (CoE) and UNESCO hosted an event discussing the challenges of artificial intelligence (AI) at the UN headquarters in New York on Monday night. In just over a fortnight, UNESCO is expected to approve Slovenia's plan to launch an AI research centre under its auspices. Dubbed Artificial Intelligence: Technology to Serve Humankind, Setting Legal Standards, the debate drew a number of participants and listeners. Many shared the view that AI offered a number of advantages but also many risks.

More meat products recalled as precaution in Austrian meat scandal

LJUBLJANA - As many as nine Slovenian meat processing companies have recalled a number of products after the Food Safety Administration warned on Friday that meat from an Austrian abattoir that failed to meet the required standards might have entered food supply chain. Meanwhile, the head of the Slovenian Food Safety Administration, Janez Posedi, said that the recalls in Slovenia were only precautionary measures. "There is no evidence that the animals ended up in the food supply chain." Posedi said that between 17 September and 22 October the abattoir from Styria had put on the market meat intended for disposal, however, the meat never reached the rendering plant.

Men outnumber women for first time ever in Slovenia

LJUBLJANA - Men outnumbered women in Slovenia in the first half of 2019 for the first time in the 160-year long history of population statistics recording in the present-day territory of Slovenia, the Statistics Office reported. In the total number of residents of Slovenia, which includes foreigners, recorded on 1 July there were 1,045,835 men and 1,043,475 women. This is due to the number of foreigners increasing by 10,000 in the first half of the year, and the number of Slovenian citizens decreasing by 1,600. Women still outnumber men when it comes to Slovenian citizens alone, their share standing at 51.2%, while the share of women among foreigners residing in Slovenia is only 33.7%.

Maritime passenger number grows the most in 2018

LJUBLJANA - The number of road and urban public transport passengers dropped in 2018 on the previous year, while the rail passenger figure stayed mostly level. Passenger traffic in the Slovenian port and air passenger transport saw an increase last year, with the number of ship passengers going up the most - by as much as 23%. In 2018, 28.5 million passengers were transported in road public transport, down 11% compared to the previous year, while in urban public transport, almost 60 million passengers were carried, a 3% drop on 2017, the Statistic Office reported.

Slovenian on-line children's magazine wins Austrian award

LJUBLJANA/VIENNA, Austria - A project presenting stories of refugee and migrant children in Slovenia carried out by the Časoris on-line magazine for children has been awarded this year's Intercultural Achievement Award (IAA) in the media category, conferred by the Austrian Ministry for Europe, Integration and Foreign Affairs. The award supporting intercultural projects related to education, youth, women, media, migration and integration went to the magazine for its project Stories of Children of the World among more than 200 competing projects from 31 countries.

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29 Oct 2019, 02:06 AM

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This summary is provided by the STA:

Šarec and Orban call for closer economic ties, regret stuck EU enlargement

BUDAPEST, Hungary - PM Marjan Šarec and his Hungarian counterpart Viktor Orban called for strengthening economic cooperation between the two countries. Also commenting on the Koper rail track project, Orban said Hungary had decided to invest in the rival port Trieste but was still willing to consider participating in the Koper-Divača rail track "if the situation in Slovenia changes". The pair meanwhile urged a continuation of EU enlargement, while also touching on migration. Orban said Hungary had the back of the Visegrad Group should Turkey trigger a migration wave, while Šarec argued migration needed to be addressed at its root.

Bill providing legal recourse for 2013 bank bail-in vetoed

LJUBLJANA - The National Council unanimously vetoed the government-sponsored bill designed to provide legal recourse for holders of subordinated bank liabilities wiped out on instruction of the EU in the 2013 bank bailout. The interest group that proposed the suspensive veto argued the bill does not regulate the issue appropriately. Involving up to EUR 963 million in damages to 100,000 potential plaintiffs and demanded by the Constitutional Court, the bill has been a controversial topic. It was passed in a 46:34 vote in the National Assembly last week. It will again need at least 46 votes in the revote.

Czech PPF mounts EUR 1.89bn takeover of Pro Plus owner CME

PRAGUE, Czech Republic - The Czech investment group PPF, owned by Czech billionaire Petr Kellner, has signed an agreement on the takeover of CME, which also owns Slovenia's leading television network group Pro Plus. Media reports put the value of the deal, which still needs nods from CME shareholders as well as from the European Commission and individual national regulators, at EUR 1.89 billion. The CME fund, in majority ownership of US giant AT&T which has already announced support for the deal, has broadcast operations in Bulgaria, the Czech Republic, Romania, Slovakia and Slovenia. Pro Plus's portfolio includes the popular TV channels POP TV and Kanal A, as well as 24ur.com, a leading news portals.

Cerar meets Expo 2020 director general in Dubai

DUBAI, United Arab Emirates - Foreign Minister Miro Cerar is paying a working visit to the United Arab Emirates, with the first stop being the site of the Expo 2020 in Dubai, where he met Expo Director General Reem Al Hashimi.
Meeting Al Hashimi, who is also the minister of state for international cooperation of the UEA, he presented the concept of Slovenia's participation in the Expo, whose wooden pavilion will be themed with sustainable development.
The two also discussed how to better connect the two countries and the possibility to establish a scheduled airline link from the UAE to Slovenia.

Top court suspends house searches in residents' absence

LJUBLJANA - The Constitutional Court has suspended, pending a final decision, the implementation of a criminal procedure act provision allowing house searches without the presence of the resident or their representative. This rule had been enacted as part of the most recent changes to the act, passed earlier this year and also including the use of contentious IMSI catchers. This stipulation has also already been suspended by the Constitutional Court. The changes have been referred to the Constitutional Court by the opposition Left and the Democrats (SDS).

Banks say new lending restrictions could have major consequences

LJUBLJANA - The Slovenian Bank Association said that the pending new consumer lending restrictions would have wide ramifications if the state failed to provide alternative financing sources. Assessing lending will drop by EUR 70m a month, it said more that 300,000 people, in particular pensioners and low-income workers, would be left without access to loans and that growth would suffer too. Banka Slovenije announced restrictions to consumer and housing loans for 1 November as a result of what the central bank assessed to be unsustainable lending growth.

Raise of student work hourly rate vetoed in upper chamber

LJUBLJANA - The upper chamber of parliament vetoed the legislative motion raising the minimum net hourly rate for student work from EUR 4.13 to EUR 4.56. The veto had been proposed by the group representing employers, which argues the raise was adopted without the involvement of social partners and was excessive. The changes to the fiscal balance act had been proposed by the opposition Left and confirmed by the National Assembly last week.

Slovenia up three spots to 37th in World Bank's Doing Business report

WASHINGTON, US - Slovenia gained three spots in the World Bank's most recent Doing Business report compared to last year, ranking 37th. The top three spots went to New Zealand, Singapore, and Denmark. Slovenia ranks 1st, alongside several other countries, in the category trading across borders. It ranks 8th among 190 countries in resolving insolvency and 23rd in getting electricity. The problem areas include the enforcing contracts, where it ranks 112th, as well as obtaining credit and dealing with construction permits - in both categories it ranks 119th.

Trade union: Posted worker exploitation reported to EU agency

LJUBLJANA - The ZSSS trade union confedaration warned about labour exploitation occurring within Slovenia's system of temporarily posting workers to other EU countries. The cases of such exploitation have been reported to the European Labour Authority (ELA), with the ZSSS expecting the state to step up their efforts in tackling the issue as well. The ELA, which was launched this month, aims to oversee implementation of employment regulations in the EU.

Sava Re issues EUR 75m in subordinated bonds

LJUBLJANA - The reinsurer Sava Re, the parent company of the insurance group Sava, has issued 20-year subordinated bonds worth a total of EUR 75 million. It intends to spend the raised funds for the general needs of the group and optimisation of its capital structure. Sava Re said that the first call date is 7 November 2029, with the annual interest rate fixed at 3.75%. Coupon payments will be made annually.

No Title Yet declared theatre piece of the year in Maribor

MARIBOR - No Title Yet (Še ni naslova), directed by Tomi Janežič and produced by the Slovensko mladinsko gledališče theatre, won the award for best play as the curtain fell on the 54th Maribor Theatre Festival on Sunday. Earning a special jury mention was Ali: Feat Eats the Soul (Ali: Strah ti poje dušo) by Sebastijan Horvat and Ljubljana's SNG Drama. The jury of the biggest theatre festival in the country described Janežič's ten-hour take on the myth of Don Juan as "a theatre miracle, an experience in the full sense of the word".

Symposium honouring 90th anniversary of poet Zajc's birth

LJUBLJANA - The Slovenian Academy of Sciences and Arts held a symposium on internationally acclaimed poet and playwright Dane Zajc (1929-2005), marking the 90th anniversary of his birth. Zajc is considered one of the greats of Slovenian literature in the second half of the 20th century. Zajc's works have been translated into numerous languages and he won many awards, including the most prestigious awards for poetry and playwriting, the Jenko Prize and Grum Prize, respectively, and the top national accolade in arts, the Prešeren Award for lifetime achievement.

Two WWII bombs found in Maribor, to be defused this week

MARIBOR - A couple of unexploded aerial bombs, relics from the Second World War, were unearthed in two locations in Maribor over the weekend and are expected to be defused on Thursday and Sunday, respectively. This will prompt the evacuation of thousands of people in the vicinity of the defusing sites. The evacuation will cover the area spanning 300 or 600 metres away from the sites, partly including the nearby UKC Maribor hospital. The first bomb, weighing 250 kg, was found on Saturday at a construction site close by the biggest Maribor shopping centre Europark. The second, 500kg bomb was discovered on Sunday at a railway construction site.

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28 Oct 2019, 01:24 AM

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Ethiopia's Woldaregay wins men's Ljubljana marathon race, Kenya's Kitur sets new women's record

LJUBLJANA - Ethiopian runner Kelkile Gezahegn Woldaregay won the men's marathon race in Ljubljana, clocking in at 2:07:29, the second fastest time in the history of the Ljubljana course. The women's race was won by Bornes Chepkirui Kitur from Kenya, who set a new women's record with a finish time of 2:21:26. Second and third place in the men's race went to Kenyans Anthony Maritim (2:07:52) and Vincent Rono (2:08:06), and in the women's competition to Eshete Shitaye from Bahrain (2:21:33) and Kenyan Dina Chemtai Kipoyogei (2:22:07). The best Slovenian runners at the race and thereby the Slovenian national marathon champions were Primož Kobe (2:29:53), who finished ninth, and Saša Pisk (2:56:50), who was 12th. This year's Ljubljana Marathon had 19,612 runners, including over 7,000 youngsters who participated in Saturday's junior races.

Pekarna Pečjak profit down in 2018

ŠKOFLJICA - Pekarna Pečjak, a maker of bread, pasta, pastry and frozen baked goods, generated EUR 35.54 million in net sales revenue last year or 7% more than in 2017. Nevertheless, net profit dropped by 49% to EUR 723,000. The company attributes this to a rise in the prices of raw materials, energy, services and higher costs of labour. Pekarna Pečjak produced 9,300 tonnes of products last year, which is 500 tonnes more than in 2017, according to a business report published on the web site of the AJPES agency for public records. The sales on the domestic market increased by 5.8% year-on-year and exports jumped by 20%.

Žan Kranjec bags podium finish in Sölden giant slalom

SÖLDEN, Austria - Slovenian alpine skier Žan Kranjec picked up where he left off at the end of last season on Sunday, finishing third in the season opening giant slalom World Cup race in Austria's Sölden. This is the fourth World Cup podium finish in the career of the 26-year-old. The race was won by Alexis Pinturault from France, while second place went to his compatriot Mathieu Faivre.

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27 Oct 2019, 01:19 AM

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Retrial ordered for ex-Luka Koper boss in Beltinci case

KOPER - The Koper Higher Court has annulled the ruling in the Beltinci case, ordering a retrial for Robert Časar, who served as port operator Luka Koper chairman in 2005-2009, and for two out of four co-defendants, according to the paper Primorske Novice. The Koper District Court will now have to establish if Časar and two co-defendants, all of whom were given prison sentences in 2018, indeed made a non-written agreement that company Graj Inženiring would charge Luka Koper unreasonably high prices for its services as part of Luka's plans to build a logistics centre in the town of Beltinci. In this manner they allegedly defrauded Luka of EUR 666,000.

Independence remembered at Sovereignty Day celebrations

CERKNO/VRHNIKA - A memorial plaque was unveiled at the site of a secret weapons depot of the Slovenian Territorial Defence force in 1990 and 1991 today as part of celebrations of Sovereignty Day, a public holiday observed on 25 October to remember the day in 1991 when the last Yugoslav People's Army soldiers left Slovenia. "When the last soldiers left the Koper port, Slovenia became truly sovereign and independent," PM Marjan Šarec said as he addressed the event in Cerkno, west. He also attended Friday's main event marking Sovereignty Day in Vrhnika, when he said "this holiday is extremely important and must be observed because a state which has foreign soldiers on its territory is not sovereign".

Due to Austria meat scandal, two small firms recall their products

LJUBLJANA - Two small Slovenian meat-processing facilities pulled out several of its pork products after the national food safety agency said on Friday that meat from a problematic Austrian abattoir could have been imported to Slovenia. Due to suspicion the meat is not suitable for consumption, Spirala and Kmetija Janežič each withdrew half a dozen products, from sausages to minced lard, Slovenia's Administration for Food Safety, Veterinary Sector and Plant Protection said today. Austria's food authorities said an abattoir was suspected of processing meat intended for waste disposal. The Austrian news agency APA said the facility is located around Leibnitz, some 40 km north of Slovenia's Maribor.

Pro-Nazi flag tied to Slovenian tennis player makes headlines

LJUBLJANA - Slovenian media reported on a pro-Nazi flag being put alongside the name of Slovenian tennis player Aljaž Bedene during his Friday evening's ATP tournament match in Austria's Vienna. Running the story about Bedene's match under the headline "Vienna Scandal: Domobranci Flag Attached to Aljaž Bedene's Name", the MMC web portal of public broadcaster RTV Slovenija said the organisers of the tournament had done a disgraceful thing. Appearing along with Bedene's name on the display was the flag used by the pro-Nazi Slovenian Domobranci movement during WWII, which the organisers then replaced with Slovenia's flag. The two have the same colours but a different coat of arms. Similar incidents, although not quite as serious, happened before when Slovenian athletes were played Slovakia's national anthem.

Litostroj Power records EUR 10.78m net loss in 2018

LJUBLJANA - Czech-owned hydro turbine producer Litostroj Power finished 2018 with a net loss of EUR 10.78 million at group level after it ended 2017 EUR 742,000 in the black. The Ljubljana-based company, which the state sold to Czech energy giant Energo-Pro in 2014, saw net sales revenue drop by 27.9% to under EUR 46 million, shows its business report. Litostroj attributed the poor results to ineffective production, the wrapping up of old projects, US sanctions against Iran and delays in the construction of the Mokrice hydro power station, which was to start this year. The company had 397 workers at the end of 2018, down 18 year on year.

National zoning plans for eight wind farms in the making

LJUBLJANA - Although quite windy, Slovenia has only two wind turbines. This may change if investors and environmentalists find common ground on the eight winds farms for which the Ministry of the Environment and Spatial Planning is drafting national zoning plans. In March 2018 the government decided that national zoning plans, a key document to find a location for a major new investment, is drafted for two wind farms. Both are now among the eight planned by the ministry, of which three are to be built in western Slovenia and five in the east. The ministry told the STA the procedures were still in their early stages, but added all the planned wind farms would have a power rating of at least 10 megawatts.

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