The Recovery and Resilience Office informed the Government of the implementation of measures of the Recovery and Resilience Plan, with regard to which the ministries record major substantive and temporal derogations. To optimise the implementation of the plan and subsequent drawing of available European funds, the Government ordered the Office to draft and harmonise the third proposed amendment to the Recovery and Resilience Plan (RRP) on the basis of the ministries’ proposals for adjustment of the measures.

Slovenia today received the transfer from the third payment request under the Recovery and Resilience Facility in the amount of EUR 257.7 million.

Today, the Government approved a proposal to amend the Recovery and Resilience Plan (RRP). This is a minor modification focused on the implementation of six key measures. In accordance with the agreement with the European Commission (EC), the Slovenian Recovery and Resilience Office will submit the revised plan to Brussels by Monday, 21 October 2024, for formal coordination and approval.

On Tuesday, 24 September 2024, the Republic of Slovenia, rated A3 (stable) / AA- (stable) / A (stable), successfully increased the 3 percent Notes due 10 March 2034 (ISIN SI0002104576) by EUR 750mio, bringing the total outstanding size to EUR 2.75bn. The success of this transaction is also underpinned by a high-quality final orderbook in excess of EUR 3bn (incl. EUR 150mio JLM interest) – a clear testimony of the strong demand for the government bonds of the Republic of Slovenia.

The Republic of Slovenia – EUR 10-year tap of 3.00 percent 03/2034 notes.

The European Commission today gave a preliminary positive assessment to the third request for payment of funds under the Recovery and Resilience Mechanism. Slovenia expects payment of EUR 257.7 million later this year.

On Thursday, 29th August 2024, the Republic of Slovenia (“Slovenia”), rated A3 (stable) by Moody’s / AA- (stable) by S&P / A (stable) by Fitch / AA- (stable) by JCR, successfully priced a total of JPY50.0bn across a 3-year and a 5-year fixed rate senior unsecured bond, marking it as the first Social Samurai Bond issued by a sovereign. With a highly successful inaugural offering, Slovenia has established a strong footprint in the Japanese market. BNP Paribas, Nomura and SMBC Nikko jointly led the offering.

The Republic of Slovenia (the “Issuer”), rated A3 (Stable) by Moody’s, AA- (Stable) by S&P, A (Stable) by Fitch and AA- (Stable) by JCR, has mandated BNP Paribas, Nomura and SMBC Nikko to joint lead the issuance of JPY-denominated senior notes in Samurai format (the “JPY Notes”).

On 25 July 2024, the Republic of Slovenia issued its inaugural digital bond. The landmark transaction is the first such transaction of an EU sovereign, and one of the first sovereigns worldwide.

It is the third year since the Council of the European Union endorsed the Slovenian Recovery and Resilience Plan. Since then, Ministries have launched more than 40 calls for tenders to select projects for the planned investments, and carried out a number of activities to implement these reforms. Slovenia has submitted three payment requests to date, and the Plan underwent its first transformation last autumn.

The new biennial Economic Survey of Slovenia, prepared by the Organisation for Economic Co-operation and Development (OECD), was presented today at Brdo pri Kranju. The Survey analyses key areas for Slovenia and makes recommendations for the further development and progress of our country.

After the Government took note of the Report on the Implementation of the Recovery and Resilience Plan (RRP) on Wednesday 26 June 2024, the Office of the Republic of Slovenia for Recovery and Resilience today submitted to the European Commission a third request for payment of funds under the Recovery and Resilience Facility.

Today, the European Commission published the European Semester Spring Package. The European Union (EU) has initiated an excessive deficit procedure against seven EU Member States; Slovenia is not one of them.

On the basis of the reverse inquiry, on May 21, 2024, a bond exchange transaction of the Republic of Slovenia was concluded. The RS66 bonds maturing in 2024 and 2025 were exchanged for RS74 bonds maturing in 2035.

Minister of Finance Klemen Boštjančič attended the Ministerial Council Meeting of the Organisation for Economic Cooperation and Development (OECD) in Paris. Ministers discussed the current challenges facing countries and possible approaches to address them with a view to achieving sustainable and inclusive economic growth.

On Wednesday, 13 March 2024, the Republic of Slovenia, rated A3 (stable) / AA- (stable) / A (stable), successfully increased the 3% Notes due 10 March 2034 (ISIN SI0002104576) by EUR 500mio, bringing the total outstanding size to EUR 2bn. The success of this transaction is also underpinned by a strong final orderbook in excess of EUR 3.1bn.

The Republic of Slovenia – EUR 10-year tap

The European Commission Representation in Slovenia and the Recovery and Resilience Office today hosted the annual event of the Recovery and Resilience Plan in Slovenia. At the conference entitled Double Transition for Sustainable Economic Growth, the participants discussed the competitiveness of the Slovenian economy in light of the green and digital transition.

The Ministry of Finance will issue bonds for citizens on 1 February with a maturity of three years, an issue volume of €250 million and an interest rate of 3.4 %.

On Wednesday, 3 January 2024, the Republic of Slovenia, rated A3 (stable) / AA- (stable) / A (stable), successfully accessed the international capital markets with a EUR 1.5bn long 10-year Reg S issuance due 10 March 2034. This transaction marks the first sovereign EUR-denominated transaction of 2024 benefitting from start of year investor liquidity.