Wednesday, June 27, 2007

Russian FM cancels Slovenian trip

"Russian Foreign Minister Sergey Lavrov cancelled his visit to Slovenia, where he was to take part in the traditional ceremony at Russian Chapel near Vrsac.

The meeting with Slovenian Prime Minister Janez Jansa has been canceled as well. Jansa had previously cancelled his participation in the economic forum in St. Petersburg on 9-10 June, where he was to meet with Russian President Vladimir Putin."

Source: Makfax

Friday, June 22, 2007

Slovenia lawmakers will consider changing rules

"Slovenia's lawmakers will next month start debating changes to gaming and business-ownership laws that would allow Harrah's Entertainment to partner on a $1 billion casino development near the Italian border.

The Las Vegas gaming company agreed in early June to take a 49 percent stake in partnership with Hit, a Slovenia-based developer, for a mixed-used project in western Slovenia.

The agreement allows Slovenia's Finance Ministry to propose and debating changes to regulations that only allow a 20 percent stake by foreign investors in businesses and to the country's gaming tax, which is close to 60 percent.

'The government has a desire to see an increase in tourism,' said Jan Jones, Harrah's senior vice president of government relations. 'They also realize they need partnerships to realize that goal.'

Jones said the current tax rate is prohibitive for Harrah's to see a return on its investment.

The casino would be Eastern Europe's largest, with 1,500 rooms, 2,000 slots, table games, convention and event space, clubs, bars, restaurants and a spa. The partnership is considering six building sites around the western city of Nova Gorica."

Source: Casino City Times

Tuesday, June 19, 2007

Slovenia gets new Central Bank governor

"Slovenia's parliament on Tuesday approved a new Central Bank governor, after months of political wrangling.

Marko Kranjec, 67, a prominent economics and financial expert who was the young nation's first finance minister and once worked at the World Bank, was supported by 74 deputies in the 90-seat chamber. One voted against him, others abstained.

Slovenia's Central Bank was without a governor — who automatically is a member of the European Central Bank — for nearly three months as a result of President Janez Drnovsek and Prime Minister Janez Jansa's argument over the candidates."

Source: IHT

EU Warns Slovenia Again over Finance Sustainability

"The European Commission has issued another warning to Slovenia over the sustainability of its public finances. In an annual report on the finances of the eurozone countries, the Commission says the structure of Slovenia's finances is expected to weaken in the future.

Slovenia is not among the ten countries in the report that the Commission expects to achieve their mid-term goals in the field in 2008.

The Commission says in the report that the eurozone members are not doing enough to utilise the current favourable economic situation to undertake structural changes and to shore up the public purse.

The public finances of the eurozone countries have improved in recent times not on account of government measures but because of higher-than-expected tax revenues, a result of the current economic upswing, the report suggests. "

Source: STA

Monday, June 18, 2007

Pakistan pilots get bravery award

"Two Pakistani pilots who carried out a daring rescue of a mountaineer are to be given Slovenia's top award for bravery, Pakistani officials say.

Slovenian Tomaz Humar got stranded on the western end of the 8,125m Nanga Parbat mountain in the Himalayas two years ago. He remained for around a week on top of the world's ninth-highest peak.

The helicopter pilots plucked the 38-year-old from an icy ledge 6,000m up the peak known as 'killer mountain'.

The Slovenian president will present Lt Col Rashid Ullah Beg and Lt Col Khalid Amir Rana with the Golden Order for Services in the country's capital, Ljubljana, this month 'for risking their lives during the rescue mission', a Pakistan army statement said."

Source: BBC

Slovenian president meets China's Tibet Autonomous Region delegation

"Slovenian President Janez Drnovsek met on Sunday with a China's Tibet Autonomous Region (TAR) delegation which is visiting there to expand the ties between the former Yugoslav country and China.

During the meeting at Strmol Castle in northern Slovenia, Drnovsek said that every individual and every country needed to play their part in fighting climate change, and large countries such as China, India and the United States have an important role to play in preventing pollution.

Drnovsek also pointed to the need to preserve cultural heritage and tradition. He said that globalization was positive as long as it made one's life easier, but must not be allowed to destroy the traditional ways of life."

Source: People's Daily Online

Monday, June 11, 2007

Slovenia asks EU to extend roaming zone: CommsUpdate : TeleGeography Research

"Slovenia has called on the European Commission to extend new rules cutting the costs of cross-border mobile roaming within the European Union to candidate countries, including Croatia and Turkey, the Slovenian Press Agency reports. ‘Roaming should be one of the priority fields that candidate countries must transpose into their legislation as they implement the EU body of law,’ Economy Minister Andrej Vizjak said, adding that ‘It is in Slovenia’s interest that this matter be arranged with candidate countries as soon as possible.’"

Source: Telegeography.com