EU Commission finds Slovenia still facing economic imbalances

European Commission released its latest review of member states' economies. 

The report, publisher as part of the European Semester review mechanism, comes after Slovenia was promoted from the group of countries with excessive imbalances in 2015.

It was nevertheless subject to an in-depth review at the end of last year designed to determine whether imbalances exist and whether they are decreasing, persisting or increasing.

In today's report, the Commission groups Slovenia together with Ireland as countries that have implemented reforms and where sustainable correction of imbalances is within reach provided additional efforts are made.

"The Commission will therefore monitor economic developments in these two countries and forthcoming commitments, notably their National Reform Programmes, to prepare its next in-depth review," the report says.

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