New Slovenia government wins parliament approval, aims to cut deficit

September 18, 2014 6:54 PM

19 0

New Slovenia government wins parliament approval, aims to cut deficit

LJUBLJANA (Reuters) - Slovenia's parliament on Thursday approved the new centre-left coalition government of Prime Minister Miro Cerar, which will aim to cut public spending and improve tax collection to help reduce the budget deficit to within EU limits.

Cerar's 16-member cabinet was approved by 54 votes to 25. His three-party coalition holds 52 of the 90 seats in parliament and investors hope it will return political and financial stability to the euro zone member, which narrowly avoided an international bailout for its troubled banks last year.

Also read: Italy: The Next Stop on Populism’s Global March

Read more

To category page

Loading...