Latest News from Slovenia
Slovenia has a rich underground world with caves large and small dotting the country. They have attracted cavers, visitors and researchers from near and afar for centuries, but also people who used them as a handy way to dump their waste. As a result, 20-30% of Slovenian caves are now thought to be polluted and cleaning them is a major challenge.
There was celebration and joy on both sides of the Slovenian-Croatian border as Croatia joined the Schengen area and adopted the euro on 1 January. More than 30 years after the countries broke away from Yugoslavia, their citizens are once again using the same currency and can cross the border freely.
As of today, Croatia has become the 20th member of the Eurozone and the 27th member of the Schengen area. More than 70 border points with Slovenia and Hungary and 12 - along the sea border are being removed. On this occasion, the President of the European Commission, Ursula von der Leyen, is expected in Zagreb.
The Bank Assets Management Company (BAMC), Slovenia’s bad bank, will be wounded up come the new year, less than a decade after playing a key role in a major bank bailout. Its remaining assets, estimated at half a billion euros, will be transferred to Slovenian Sovereign Holding (SSH), the state assets custodian.
In 2021, in the European Union, residents under the age of 18 who were at risk of poverty or social exclusion represented 24.4 percent of all in this age group. At the same time, this share among the adult population of the Union was 21.1 percent, according to the latest data of the European statistical agency Eurostat.
Mutual fund management companies in Slovenia find that despite the increased uncertainty and drops on stock markets, investors continue to make net investments in mutual funds. They are optimistic in spite of the value of assets under their management having dropped slightly this year from a record-high of EUR 4.3 billion at the end of 2021.