Slovenia, is it another "Cyprus"?
Discussion
Prime Minister of Slovenia Ms Bratusek said:
Our banking system is stable and safe. Comparisons with Cyprus are not valid. Deposits are safe and the government is
guaranteeing them.
Mr Sarris, the ex Finance Minister of Cyprus said on March 1 - "there is nothing more foolish than talking about a deposits haircut".
Our banking system is stable and safe. Comparisons with Cyprus are not valid. Deposits are safe and the government is
guaranteeing them.
Mr Sarris, the ex Finance Minister of Cyprus said on March 1 - "there is nothing more foolish than talking about a deposits haircut".
old news?
There was a very interesting article from MarkIt last Wednesday on this topic. Their T&Cs prevent me from re-publishing, but it does give the opinion that "Slovenia is certainly not a Cyprus", and points out that the banking sector is only 125% of GDP - well below the EU average and way below Cyprus and Ireland - and that debt/GDP ratio is also well below EU average.
So it has problems, but not the same problems as Cyprus.
There was a very interesting article from MarkIt last Wednesday on this topic. Their T&Cs prevent me from re-publishing, but it does give the opinion that "Slovenia is certainly not a Cyprus", and points out that the banking sector is only 125% of GDP - well below the EU average and way below Cyprus and Ireland - and that debt/GDP ratio is also well below EU average.
So it has problems, but not the same problems as Cyprus.
Edited by munky on Wednesday 3rd April 17:16
munky said:
old news?
There was a very interesting article from MarkIt last Wednesday on this topic. Their T&Cs prevent me from re-publishing, but it does give the opinion that "Slovenia is certainly not a Cyprus", and points out that the banking sector is only 125% of GDP - well below the EU average and way below Cyprus and Ireland - and that debt/GDP ratio is also well below EU average.
So it has problems, but not the same problems as Cyprus.
article here, if you have a login: http://www.markit.com/en/about/news/commentary/mar...
What's the banking sector's % of GDP in Slovenia, it can't be 125%, it must be below 100%?There was a very interesting article from MarkIt last Wednesday on this topic. Their T&Cs prevent me from re-publishing, but it does give the opinion that "Slovenia is certainly not a Cyprus", and points out that the banking sector is only 125% of GDP - well below the EU average and way below Cyprus and Ireland - and that debt/GDP ratio is also well below EU average.
So it has problems, but not the same problems as Cyprus.
article here, if you have a login: http://www.markit.com/en/about/news/commentary/mar...
youngsyr said:
munky said:
old news?
There was a very interesting article from MarkIt last Wednesday on this topic. Their T&Cs prevent me from re-publishing, but it does give the opinion that "Slovenia is certainly not a Cyprus", and points out that the banking sector is only 125% of GDP - well below the EU average and way below Cyprus and Ireland - and that debt/GDP ratio is also well below EU average.
So it has problems, but not the same problems as Cyprus.
What's the banking sector's % of GDP in Slovenia, it can't be 125%, it must be below 100%?There was a very interesting article from MarkIt last Wednesday on this topic. Their T&Cs prevent me from re-publishing, but it does give the opinion that "Slovenia is certainly not a Cyprus", and points out that the banking sector is only 125% of GDP - well below the EU average and way below Cyprus and Ireland - and that debt/GDP ratio is also well below EU average.
So it has problems, but not the same problems as Cyprus.
Edited by munky on Wednesday 3rd April 17:16
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