Slovenia: No Need for Bailout Help?

“With its banking sector, including the country’s largest and state-owned lender Novo Ljubljanska Banka, saddled by heavy debts, Slovenia has stoked concerns it may have to seek an international bailout as yields for its bonds recently soared above 7%, a level seen as unsustainable by some other euro-zone members.  All three major credit-rating agencies have recently downgraded Slovenian debt on concerns about the country’s fiscal outlook and amid fears the euro zone’s leaders are losing their battle to contain the debt and fiscal crises.”

http://online.wsj.com/article/BT-CO-20120910-706438.html

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