Slovenia is at a turning-point. Will it fulfil its potential of becoming the first central European state to reach the average level of living standards in the EU? Or will it stagnate – growing at the same slow rate as neighbouring Austria, and never edging much ahead of Greece or Portugal?
The outcome will depend on the speed of reform, which until now has been much slower than in the rest of central Europe. That’s because Slovenia, unlike the Czech Republic or Hungary, has so far not seen the need for radical change.
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