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In 2004 Slovenia was riding high on the wave of an economic boom. Unfortunately, the 2004-2006 economic expansion and five...
In 2004 Slovenia was riding high on the wave of an economic boom. Unfortunately, the 2004-2006 economic expansion and five percent growth in one year was fueled by borrowing and debt that would come back to haunt the country's economy. In 2007 Slovenia joined the growing list of euro zone countries in economic trouble and by 2009 the country was in a deep recession because of bank debt and the collapse of the real estate sector. The bad economic news was further complicated by another downturn in 2011. Economists are now concerned that Slovenia will...
Only one week after Moody's Investors Service downgraded the ratings of Factor Banka, the Slovenian bank decided to officially...
Only one week after Moody's Investors Service downgraded the ratings of Factor Banka, the Slovenian bank decided to officially merge with its entirely-owned local KD Banka company. In the first week of August, the rating of Slovakian bonds fell down to Baa2 -- just two slots above junk rating -- and the debt rating of Factor Banka (along with competitor Abanka Vipa) fell from A2 to Baa2. Six days later, Slovenia’s Factor Banka Announces Merger With KD Bank, a company that it owns 100% of all shares of, a business move made earlier in the year. Right...
Slovenia belongs to the European Union (EU), which means banks in Slovenia can exchange foreign currency into euros. There...
Slovenia belongs to the European Union (EU), which means banks in Slovenia can exchange foreign currency into euros. There are over 20 commercial banks in Slovenia, and ATM machines are easy to find across the country. Travelers can also exchange their money at airports, travel agencies and other financial institutions. Using the euro has been beneficial for Slovenia and the people who travel there. It has made changing money easier and more convenient, particularly because it does not have to be done as often now that Slovenia is using the same kind...
While the domestic housing market may still be stuck in a slump, Slovenia Invest is opening up a number of real estate opportunities...
While the domestic housing market may still be stuck in a slump, Slovenia Invest is opening up a number of real estate opportunities abroad. The only international commercial property advisers in Slovenia, this company has been helping investors buy, sell and develop Slovenian property with ease. While vacation flats have always been popular investments, office sales and rentals are becoming increasingly popular on the international market. Slovenia has also proven to be a popular destination for investment in retail property, industrial buildings and...
Slovenia is one of Europe's best-kept vacation secrets. The country offers tourists the unparalleled beauty of Europe along...
Slovenia is one of Europe's best-kept vacation secrets. The country offers tourists the unparalleled beauty of Europe along with classic cultural institutions, and it usually costs vacationers less to spend time in Slovenia than other, more popular European destinations. Because Slovenia is such a wonderful place to visit, you want to make sure you are properly prepared before you plan your visit. Understanding Slovenia currency is key to your enjoyment of the trip. Regardless of what you plan to do in Slovenia currency is very important. The main type...