Fri, 13 Jan 2012 08:54:04 GMT
Slovenia attempts to avoid economic crunch
Slovenia was trying to reassure the international lenders
that the country is able not to follow Hungarian footsteps, even after the
country's leader failed to shape the government. Slovenia's debt rating was cut
from Aa3 to A1 by Moody's in December. Experts claim the overreliance on
exports to the EU and political turmoil will lead to further credit downgrade
and soaring borrowing costs. Currently, the