Finance Minister Dušan Mramor happy: Slovenia is ready to leave the excess deficit procedure after seven years; the hard work has paid off

Finance Minister Dušan Mramor said he was happy with the assessment by the European Commission that Slovenia was ready to leave the excess deficit procedure after seven years, but stressed efforts to reduce debt and bolster economic growth must continue. “The hard work has paid off, but there is no rest until 2020: we must focus on ensuring maximum growth,” Mramor told a press conference in Ljubljana on Thursday. He said Slovenia had defied projections from abroad by reducing its general government deficit to below 3% of GDP last year.

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Mramor named Europe’s top Finance Minister of 2016

Finance Minister Dušan Mramor is Europe’s best Finance Minister of 2016, according to the London-based magazine The Banker, which is owned by The Financial Times. The five Finance Minister of the Year 2016 awards celebrate officials around the world who have best managed to stimulate growth and stabilise their economy.

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