The government crisis slowed badly needed reforms and revived

Struggling Slovenia to appoint new PM to rescue economy

canada goose black friday sale ZAGREB, Feb 26 (Reuters) Slovenia parliament is expected to oust conservative Prime Minister Janez Jansa on Wednesday and give opposition financial expert Alenka Bratusek a Canada Goose Parka one year mandate to bring the country back from the brink of an international bailout. canada goose black friday sale

Canada Goose Parka Parliament no confidence vote takes place at the height of a financial crisis in the buy canada goose jacket tiny Alpine euro zone member, which is struggling with a recession and a huge amount of bad loans strangling its banks. Canada Goose Parka

canada goose clearance sale Centre left Positive Slovenia, led canadian goose jacket by Bratusek, struck a deal last week with the Social Democrats and two canada goose coats on sale of conservative Jansa former allies to give her the reins for a year, with an option to keep her at the helm until an election due in 2015. canada goose clearance sale

canada goose deals If confirmed, Bratusek, who turns 43 in March, will become Slovenia first female prime minister. She had studied management and oversaw the state budget at the Finance Ministry for six years canada goose uk shop before entering parliament in December 2011. canada goose deals

Slovenia, a former star of post communist transition, has been gripped by street protests against austerity and corruption since November, as unemployment hit a 14 year high and living standards plunged in the wake of the government spending cuts.

Canada Goose online But despite the external Canada Goose online pressure, Jansa was effectively felled when a third member of his ruling bloc walked out over a canada goose black friday sale property scandal exposed canada goose store by a state anti graft commission in January, leaving him with just 30 out of 90 seats. Canada Goose online

canada goose coats on sale Jansa has denied any wrongdoing. canada goose coats on sale

Canada Goose Jackets The new government Canada Goose Online will have to Canada Goose Outlet reform the banking canada goose uk outlet system, which is nursing 7 billion euros of bad loans, increase labour flexibility, sell some state firms and possibly raise canada goose clearance sale the value added tax to reduce the budget gap. Canada Goose Jackets

cheap Canada Goose new premier should put an end to the credit crunch and rising unemployment. We don need new austerity but a balance between saving and investing, Igor Antauer of the national guild of craftsmen, the cheap Canada Goose voice of the country struggling small businesses, told the Delo daily at the weekend. cheap Canada Goose

buy canada goose jacket cheap BAD BANK Bratusek has so far given away few clues about her cabinet make up or plans to deal with the most serious crisis to hit Slovenia since it declared Canada Goose sale independence from Yugoslavia in 1991. buy canada goose jacket cheap

However, given cheap canada goose uk the differences between the new coalition which would group the centre right Civic List and pensioners party Desus from the previous government with the two centre left opposition parties it is not likely to be plain sailing.

Canada Goose sale Jansa cabinet had planed to set up a bank where it would park all the bad loans before recapitalising and selling the local lenders. Bratusek PS and the Social Democrats had opposed the plan in parliament, but it was canada goose coats eventually approved. Canada Goose sale

canada goose coats European Central Bank board member Joerg Asmussen said on Monday the bad bank was a priority if Slovenia wanted to overhaul its economy and retain access to foreign financing. It needs to repay 2 billion euros of maturing debt in mid 2013. canada goose coats

canada goose looks uk canada goose like the bad bank plan may not fly but they can probably find a different way, there buy canada goose jacket cheap are several variants, said Borut Hocevar, a political analyst at Finance daily newspaper. canada goose

canadian goose jacket Export oriented Slovenia was badly hit by the global crisis and fell into a new recession last year. The government crisis slowed badly needed reforms and https://www.canadagooseoutletcoats.com revived speculation it might become a sixth euro zone member in need of a bailout. canadian goose jacket

Canada Goose Outlet Estimates suggest Slovenia could need up uk canada goose outlet to 5 billion euros, mostly for shoring up its banks. Although small, a Canada Goose Jackets bailout would Canada Goose Outlet

be canada goose clearance politically awkward when Canada Goose Coats On Sale the currency bloc is wrestling with financial woes in Greece, Spain, Italy, Portugal and Cyprus.

It would be much tougher on Slovenia itself, as it would force the government to canada goose make more spending and job cuts, under international supervision.

canada goose clearance For some Slovenes, who have taken to the canada goose uk black friday streets in their thousands to rally against corruption and the political elite since November, a change of prime minister was only a fig leaf. canada goose clearance

buy canada goose jacket is only a means to prolong the politicians shelf life. People in the street demand that the entire set, all politicians, step down and call early elections. As it is, protests will continue, said Uros Lubej, one of the protesters. buy canada goose jacket

canada goose store Parliament will probably vote on Bratusek canada goose factory canadagooseoutletcoats.com sale proposed cabinet in late March. (Reporting by Zoran Radosavljevic in Zagreb; Editing by Alison Williams) canada goose store.

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