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Slovenia's finance minister to meet EU, ECB, ESM officials: report

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(LJUBLJANA) - Slovenian Finance Minister Uros Cufer will meet Friday with officials from the European Commission, European Central Bank and the ESM bailout fund to discuss the situation in the struggling eurozone nation, the STA news agency reported.

The purpose of the meeting will be to "assess the situation in Slovenia," Slovenian news agency STA quoted sources in the Eurogroup of eurozone finance ministers.

With many analysts looking at Slovenia as the next eurozone country likely to need a bailout, the source added: "Slovenia is not planning to ask for aid."

The meeting will take place Friday in Dublin on the sidelines of a meeting of EU finance ministers.

STA added Cufer will present to the EC, ECB and ESM officials his government's plans to shore up the country's banking system and stabilise public finances.

The European Commission warned Wednesday that Spain and Slovenia pose the biggest economic risks in the eurozone and must quickly tackle excessive imbalances, while the OECD earlier this week urged Slovenia to urgently restructure and recapitalise its banking system.

Slovenia, which adopted the euro single currency in 2007, has had to recapitalise its main banks several times and has had difficulty in getting finances into order amid a recession.

Cufer will be attending an EU finance ministers meeting for the first time as the centre-left government of Prime Minister Alenka Bratusek was appointed just last month.


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