The Commission approved the Slovenian support scheme to stabilise financial markets by providing guarantees to eligible credit institutions. The scheme's overall budget is capped at €12 billion.
The Commission approved the Slovenian support scheme to stabilise financial markets by providing guarantees to eligible credit institutions.
The state guarantee would cover, against remuneration, the issuance of new short and medium term non-subordinated debt with a maturity between 90 days and five years. The scheme's overall budget is capped at €12 billion. Only solvent banks are allowed to enter the scheme. The Commission decision covers a period of six months, following which Slovenia should terminate the scheme or renotify its extension to the Commission.
Press release
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