Slovenian Prime Minister Resigns

The Prime Minister, Marjan Šarce, led a minority government which was a coalition of 5 parties and deemed that the government in current conditions is not able to carry out the necessary reforms.

Yesterday, the Prime Minister of Slovenia, Marjan Šarce, resigned, which implies the fall of the Slovenian government. Such news came shortly after the Finance Minister, Andrej Bertoncelj, resigned as well due to the disagreement over the law on the abolition of supplementary health insurance.

The Prime Minister Šarce led a minority government which was a coalition of 5 parties and deemed that the government in current conditions is not able to carry out the necessary reforms.

As a result, a new parliamentary majority should be formed, that being a transitional government. The alternative to the transitional government would be early elections, which at the moment seem to be more realistic, as forming a parliamentary majority is not in sight, and is supported by Mr. Šarce.

The stock market closed the day in red and so have 5 Slovenian blue chips (Krka,Petrol, NLB, Triglav and Luka Koper). This could have been the reaction to this news, coupled with the global markets sentiment spillover.

InterCapital
Published
Category : Flash News

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