Political novice wins power in Slovenia, hints at revisiting economic reform plan




 
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Political novice wins power in Slovenia, hints at revisiting economic reform plan
 
July 13th, 2014  
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Topic: Political novice wins power in Slovenia, hints at revisiting economic reform plan


Political novice wins power in Slovenia, hints at revisiting economic reform plan
By Marja Novak and Zoran Radosavljevic LJUBLJANA (Reuters) - Center-left political novice Miro Cerar led his party to victory in Slovenia's election on Sunday, indicating he would rewrite a reform package agreed with the European Union to fix the euro zone member's depleted finances. The result will test investor nerves, given Cerar's hostility to some of the big-ticket privatizations that the EU says are key to a long-term fix for Slovenia, which narrowly avoided having to seek an international bailout for its banks last year. The center-right SDS party was in second place with 20.6 percent and a string of smaller center-left parties also won seats and were lining up to join Cerar in government. Success for Cerar, whose gymnast father was one of Slovenia's greatest ever sportsmen, is punishment by voters for the traditional parties, tarnished by corruption scandals and years of economic turmoil in the ex-Yugoslav republic.




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