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Note, however, that of the
whole subset of comparable transition countries in terms of market size, Slovenia
has recorded the lowest growth rates since 2001. On the other hand, some of the
countries have yet to regain the real GDP levels attained in the period preceding the
transition, whereas Slovenia has fully recovered from the slack period (Chart 1b)...
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Although the general government balance slipped in 1997 and has since
Slovenia entered
transition as one of
the most developed
of the new Member
States
ECFIN Country Focus Volume 2, Issue 10 Page 3
been negative, the deficits have been relatively contained. In December 2001,
Slovenia started simultaneously adopting budgets for two consecutive years in an
effort to introduce greater certainty into the fiscal planning...
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