LJUBLJANA, June 7 Exports in Slovenia rose
almost 10 percent year-on-year in April, data showed on Friday
in a rare positive signal for the euro zone country that is
struggling to avoid a bailout amid rising unemployment and
The monthly export growth of 9.8 percent was the highest
since August 2011, the statistics office said, with exports in
the first four months up 3.5 percent.
However, bad loans held by local banks inched up further in
the first four months of the year, the state macroeconomic
institute said on Friday, while unemployment peaked at a 20-year
high of 11.1 percent in the first quarter.
Bad loans rose by 185 million euros ($244.10 million) but
the rise was some 25 percent lower than in the same period last
year, the institute said.
Local lenders, most of them state-owned, are saddled with
some 7 billion euros of bad loans, which is choking the economy
and has prompted speculation that Slovenia may follow Cyprus in
seeking an international bailout.
($1 = 0.7579 euros)
(Reporting By Marja Novak; Editing by Zoran Radosavljevic and