Personal finance

Second chance for bad debtors

Banks are promoting a refinancing model which offers haircuts for cooperative borrowers. This is being followed by debt management companies and investment schemes in cooperation with the funds and servicers that have taken over 70 billion euros in bad loans.

Changes to digital labor card

The Labor Ministry is bringing significant changes to the digital work card, as well as providing incentives to speed up its use by businesses.

Its objectives remain the containment of undeclared labor and transparency in terms of employment, but ways are being sought to limit the bureaucratic hurdles that often make it difficult to properly implement the measure.

Incentives instead of higher retirement age in pension reform blueprint

Slovenia does not intend to increase the retirement age to make the pension system more sustainable, instead it plans to offer incentives so that people keep working longer, but higher contributions and a new tax are also on the table, according to a Labour Ministry blueprint for pension reform released on 11 July.

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