First loans can move to Slovene "bad bank" in June-PM

BRUSSELS, April 9 Tue Apr 9, 2013 10:48am EDT

BRUSSELS, April 9 (Reuters) - Slovenia's government will transfer the first tranche of bad loans in a bank cleanup operation to an already established "bad bank" in June, Prime Minister Alenka Bratusek said on Tuesday.

"The problem with the banking system is problem number one in Slovenia," Bratusek told reporters in Brussels.

"My estimate is that the first case of bad loans can move over to the bad bank in June."

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.