Slovenian Lawmakers Eye Debt Plan as Crisis Signs Mount

Bloomberg – Slovenia is rushing to tap financial markets in the face of mounting pressure to solve the nation’s banking woes and avert a fiscal crisis after the European Union’s sternest warning yet that action is needed. The Finance Ministry will sell 500 million euros ($656 million) of 18-month Treasury bills on April 17 after raising 56 million euros on April 9, short of the 100 million-euro target. The announcement came as lawmakers in the capital Ljubljana begin debate today on a plan to place a legal limit on debt. Prime Minister Alenka Bratusek failed to reach a consensus with party leaders on a plan last night. Read Article

Source Article from http://openyoureyesnews.com/2013/04/13/slovenian-lawmakers-eye-debt-plan-as-crisis-signs-mount/

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