News

Yesterday, Moody's Ratings (Moody's) affirmed Slovenia's credit rating of A3 with a positive outlook. Slovenia thus continues to enjoy the confidence of the rating agencies, which is particularly important in the current uncertain environment.

The rating agency Fitch yesterday affirmed Slovenia's A-rating, upgrading the outlook from stable to positive. This marks an important sign of confidence in Slovenia and sends a strong message at a time of global economic uncertainty.

After the successful first retail issue last year, the Ministry of Finance is preparing for the second issue of retail bonds. This is a part of the Ministry’s continued efforts to develop the capital market, disperse the savings of retail investors and improve financial literacy.

Prime Minister Robert Golob attended the working consultation meeting on the future of the Slovenian education system, where the new features introduced by the Organisation and Financing of Education Act (the Education Act) were discussed.

On Tuesday, 7 January 2025, the Republic of Slovenia, rated A3 (positive)/AA- (positive)/A (stable), successfully accessed the international capital markets with a EUR 1.0bn Reg S issuance due 14 April 2055.

Slovenia is successfully dealing with the challenges of managing government finances. According to preliminary data, the budget deficit in 2024 was only 1.2% of the GDP, the lowest in the last five years, which attests to financial stability and the responsible management of public funds.

The Republic of Slovenia announces a mandate to organise the issue of a new 30-year bond maturing in 2055.

Today, the European Commission has presented the first European Semester Autumn Package under the new economic governance framework. The revised fiscal rules focus on medium-term fiscal-structural plans over a four-year period and set a growth target for net expenditure. The Commission has assessed Slovenia's plan as being in line with the new rules.

15 November 2024 – The Ministers of the Government of the Republic of Slovenia and representatives of the representative trade unions of the public sector today signed the key documents necessary for introducing the reformed public sector salary system on 1 January 2025.

The Recovery and Resilience Office informed the Government of the implementation of measures of the Recovery and Resilience Plan, with regard to which the ministries record major substantive and temporal derogations. To optimise the implementation of the plan and subsequent drawing of available European funds, the Government ordered the Office to draft and harmonise the third proposed amendment to the Recovery and Resilience Plan (RRP) on the basis of the ministries’ proposals for adjustment of the measures.

Slovenia today received the transfer from the third payment request under the Recovery and Resilience Facility in the amount of EUR 257.7 million.

Today, the Government approved a proposal to amend the Recovery and Resilience Plan (RRP). This is a minor modification focused on the implementation of six key measures. In accordance with the agreement with the European Commission (EC), the Slovenian Recovery and Resilience Office will submit the revised plan to Brussels by Monday, 21 October 2024, for formal coordination and approval.

On Tuesday, 24 September 2024, the Republic of Slovenia, rated A3 (stable) / AA- (stable) / A (stable), successfully increased the 3 percent Notes due 10 March 2034 (ISIN SI0002104576) by EUR 750mio, bringing the total outstanding size to EUR 2.75bn. The success of this transaction is also underpinned by a high-quality final orderbook in excess of EUR 3bn (incl. EUR 150mio JLM interest) – a clear testimony of the strong demand for the government bonds of the Republic of Slovenia.

The Republic of Slovenia – EUR 10-year tap of 3.00 percent 03/2034 notes.

The European Commission today gave a preliminary positive assessment to the third request for payment of funds under the Recovery and Resilience Mechanism. Slovenia expects payment of EUR 257.7 million later this year.

On Thursday, 29th August 2024, the Republic of Slovenia (“Slovenia”), rated A3 (stable) by Moody’s / AA- (stable) by S&P / A (stable) by Fitch / AA- (stable) by JCR, successfully priced a total of JPY50.0bn across a 3-year and a 5-year fixed rate senior unsecured bond, marking it as the first Social Samurai Bond issued by a sovereign. With a highly successful inaugural offering, Slovenia has established a strong footprint in the Japanese market. BNP Paribas, Nomura and SMBC Nikko jointly led the offering.

The Republic of Slovenia (the “Issuer”), rated A3 (Stable) by Moody’s, AA- (Stable) by S&P, A (Stable) by Fitch and AA- (Stable) by JCR, has mandated BNP Paribas, Nomura and SMBC Nikko to joint lead the issuance of JPY-denominated senior notes in Samurai format (the “JPY Notes”).

On 25 July 2024, the Republic of Slovenia issued its inaugural digital bond. The landmark transaction is the first such transaction of an EU sovereign, and one of the first sovereigns worldwide.

It is the third year since the Council of the European Union endorsed the Slovenian Recovery and Resilience Plan. Since then, Ministries have launched more than 40 calls for tenders to select projects for the planned investments, and carried out a number of activities to implement these reforms. Slovenia has submitted three payment requests to date, and the Plan underwent its first transformation last autumn.

The new biennial Economic Survey of Slovenia, prepared by the Organisation for Economic Co-operation and Development (OECD), was presented today at Brdo pri Kranju. The Survey analyses key areas for Slovenia and makes recommendations for the further development and progress of our country.