Morning Headlines for Slovenia: Friday, 23 August 2019

By , 23 Aug 2019, 02:28 AM News
Morning Headlines for Slovenia: Friday, 23 August 2019 JL Flanner

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A schedule of all the main events involving Slovenia this week can be found here

This summary is provided by the STA:

PM Šarec urges all-out effort to build second nuclear reactor

KRŠKO - Prime Minister Marjan Šarec visited Slovenia's sole nuclear power plant, calling for "investing all our efforts to build a second reactor" to replace the current one beyond 2043. "We need to invest all our efforts in this and set out to build a second reactor because in the future we will need ever more electric power, in particular if we want to be a development-oriented country," he said as he visited to the Krško Nuclear Power Plant. The existing reactor is slated for closure in 2043, by roughly which time the Šoštanj coal-fired power station TEŠ will have ceased to operate, so Šarec believes Slovenia needs to decide what energy policy it will pursue.

Insurance group Sava sees 60% rise in H1 net profit to EUR 22.6m

LJUBLJANA - The Sava Insurance Group, Slovenia's second largest, generated EUR 22.6 million in net profit in the first half of the year, a 59.3% year-on-year increase coming as gross premiums written were up 9.1% to EUR 336.8 million. In a regulatory filing with the Ljubljana Stock Exchange, the core company Sava Re said the profit growth was driven by high growth in premiums, higher cost effectiveness, higher returns of financial investment and benign claims developments in Slovenia. The increase in gross premiums is attributed to growth in non-life insurance in Slovenia (9.5%), non-life insurance abroad (18.2%), reinsurance (6.6%) and life insurance in Slovenia (1.5%).

EU to chip in EUR 101m for Maribor-Šentilj rail link upgrade

LUBLJANA - The European Commission confirmed that the EU Cohesion Fund is to contribute EUR 101 million for the renovation of the 16-kilometre rail section between Maribor and Šentilj on the border without Austria, the project worth a total of EUR 254 million. The Commission wrote it had taken into account the projected increase in traffic on the Baltic-Adriatic corridor that the section is a part of. The upgrade, which will also have positive economic effects, will increase the daily capacity of the section from 67 to 84 trains. EU Transport Commissioner Violeta Bulc expressed the "hope this will convince people to leave their car home an opt for a greener transport option".

PM defends decision to buy four expensive armoured cars

LJUBLJANA - Prime Minister Marjan Šared defended the government's decision to purchase highly expensive armoured cars, which has raised some controversy in the media. He explained that the vehicles are intended for foreign delegations, and also pointed to the upcoming Slovenian presidency of the EU, which requires adequate protective measures. Šarec's comments came after the business paper Finance reported that the government had purchased last year four brand-new armoured cars, with two Mercedes S600, costing more than a million euro combined, standing out.

Slovenia still needs to realise Communism was bad, conference hears

LJUBLJANA - The Study Centre for National Reconciliation marked the European Day of Remembrance for Victims of Totalitarian Regimes with a conference at the Ljubljana cathedral. In her address, the centre's head, Andreja Valič Zver, said that Slovenia still needed to realise that all totalitarian regimes were bad. Slovenians did a much better job dealing with the consequences of Fascism and Nazism than with consequences of Communism, she said, adding that no member of the former establishment has been held accountable for their crimes.

Consumer confidence dampened by job outlook

LUBLJANA - Slovenia's consumer confidence deteriorated in August, mainly due to lower employment expectations. The index is two percentage points down on the month before and three points lower year-on-year, but still 12 points above long-term average. After a significant drop in the second half of last year, consumer confidence increased slightly at the beginning of 2019, remaining broadly flat since February, the Statistics Office said. The monthly decline in August was driven by a six percentage-point deterioration in consumers' expectations about jobs. "After two upbeat years, this year a majority of consumers expect an increase in unemployment in the next 12 months."

Good and bad news for aircraft maker Pipistrel

AJDOVŠČINA - Pipistrel, the Ajdovščina-based aircraft maker, posted a new success as the first woman ever crossed the Atlantic and Pacific solo on its ultralight aircraft. Aarohi Pandit, a 23-year-old from Mumbai, made history on Wednesday as she landed safely in Russia's Far East region of Chukotka, having flown from Alaska's Unalakleet city across the Pacific Ocean's Bering Sea. This happened however after one of Pipistel's two-seater all-electric planes was forced to crash land into a lake in Norway last week. Fortunately, no one was injured in the incident.

Kras wildfire put out

MIREN - The fire that broke out yesterday south of Nova Gorica and destroyed some 100 hectares of woodland has been put out, reported the Primorska Civil Protection, adding that some 30 firefighters remained at the site to make sure that the fire does not reignite. While 130 firefighters were battling the flames yesterday afternoon, 190 were in the site today, Primorska Civil Protection chief Samo Kosmač said. The firefighters, who worked on demanding terrain, had support from two helicopters. The damage caused by the fire is to be estimated in the coming days.

Tartini Festival kicks off at the seaside

PIRAN - The annual Tartini Festival, dedicated to the Piran-born Italian Baroque composer and violinist Giuseppe Tartini, got under way with a performance by international ensemble Il Terzo Suono at the Piran St. George's Parish Church in the evening. The opening performance will include musical compositions by maestros such as Antonio Vivaldi, Giuseppe Tartini and Baldassare Galuppi. This year, the international music festival will be held in Piran and Koper until 8 September, with its final performance being hosted in Padua on 12 September.

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