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This summary is provided by the STA:
No breakthrough yet at EU summit, PM says
BRUSSELS, Belgium - The EU summit made tactical steps forward on Friday, but no strategic breakthrough, Slovenia's Prime Minister Janez Janša said as he arrived for a second day of talks Saturday morning. According to unofficial sources, talks started on a revised proposal proposal, under which the EUR 750 billion recovery and resilience fund is to provide EUR 450 billion in subsidies and EUR 300 billion in loans.
Fitch affirms Slovenia's A rating with positive outlook
FRANKFURT, Germany - The Fitch agency affirmed Slovenia's credit rating of A with a stable outlook on Friday. It pointed to high public debt, small size, and slow progress in structural reforms to address medium-term fiscal and growth challenges associated with an ageing population, with the stable outlook reflecting a degree of resilience to the Covid-19 pandemic. Fitch forecasts that the country's GDP will shrink by 7.1% this year, growing by 4.9% next year and another 3.3% in 2022, returning to a level slightly above that in 2019 in two years.
24 new Covid-19 cases confirmed in 1,027 tests on Friday
LJUBLJANA - A total of 1,027 people were tested for coronavirus in Slovenia on Friday, with 24 tests coming back positive, according to the most recent government data. 19 people remained in hospital, two in intensive care. No deaths were reported. This brings the total number of cases to 1,940, while the death tally remains at 111, according to the online tracker Covid-19 Sledilnik. The number of active infections in the country was at 261 on Friday.
Slovenia to cooperate with WHO on health care and disease control
LJUBLJANA - Health Minister Tomaž Gantar has signed a two-year cooperation agreement with the regional office of the World Health Organisation (WHO) for Europe, the Health Ministry said on its website. Cooperation is to focus on control of communicable and non-communicable disease and the strengthening of the health care system. Microbe resistance, accessibility, safety and quality of medicines, vaccines and other health technologies are specified as priorities of the cooperation.
TAB still doing well despite coronavirus
MEŽICA - TAB, a maker of starter batteries for cars and industrial batteries, finished 2019 with EUR 278 million in net sales revenue and EUR 21 million in net profit, down on the record profit of EUR 26.4 million in 2018. Although the 2019 results are somewhat worse than in the record 2018 year for the Mežica-based company, director Bogomir Auprih still considers them good. This year's operations have been strongly influenced by the coronavirus situation, with March sales dropping by 15% year-on-year and April sales plunging by 50%.
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