Central Bank: Economic Trends in the Country Improved at the Start of 2013

Central Bank: Economic Trends in the Country Improved at the Start of 2013

 

The board of governors of Banka Slovenije established on Monday that economic trends in the country improved at the start of 2013 and highlighted above all a better performance of the export sector. The central bank however feels that short-term prospects remain unfavourable and uncertain.

Banka Slovenije found that activity increased especially in the export sector at the start of the year, which is the result of a relatively successful refocusing on countries outside the eurozone.

Exports thus remain the main economic engine and are helping increase the current account balance surplus, which in turn is enabling a decrease in foreign debt.