The Slovenian Central Bank lowered its earlier expectations of economic recovery estimating that the country's GDP could fall by 1.8 percent this year and a further 0.7 per cent next year and that it will not recover before 2014.
The bank's governor Marko Kranjec commented on Monday that it was difficult to make accurate estimates as it was not clear what changes will still affect the world or Slovenian economies in the future.
The Slovenian government's office for macro-economic analysis (UMAR) last week also reported that the GDP would continue to fall and could expect a mere mild growth in 2014.
