Slovenia PM resigns, seeks new elections

Image
AP Ljubljana
Last Updated : May 04 2014 | 12:05 AM IST
Slovenia's prime minister announced her resignation today and pressed lawmakers to call early parliamentary elections next month.
Alenka Bratusek, a 44-year-old financial expert who has sought to guide the small Balkan nation through euro-zone economic turmoil, was stepping down after losing the leadership of her Positive Slovenia party to Mayor Zoran Jankovic of Ljubljana, the capital.
Bratusek has said she could not lead her centre-left government without the party's support. Meanwhile, coalition partners have threatened to leave the government because Jankovic faces a corruption probe.
Bratusek said after a meeting with allied parties today that snap legislative elections in June was the best way out of the political troubles. Her formal resignation is expected on Monday. Lawmakers will then decide whether to go to elections or try to choose a new government.
Bratusek took office in March last year after the previous center-right government fell over allegations of corruption and slow reform. Her government has cut public spending and started to heal ailing banks to avoid a European bailout.
Bad bank loans are at the center of crisis in the Alpine euro zone nation, once considered a model of eastern European transition from centralised economy to free market.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 04 2014 | 12:05 AM IST

Next Story