Dun&Bradstreet Expects Little Change Beyond Election

Ljubljana, 6 October

Slovenia has retained its lead in the Eastern European region in the latest Dun&Bradstreet report with its risk rating continuing to bear a growth sign. Although the report was prepared before the 3 October election, the world's leading rating firm anticipated the win of the outgoing opposition as one of the possible scenarios.

"An opposition victory would not presage a marked policy shift. Specifically, we would expect the next Slovenian government to continue to adopt a characteristically cautious reformist stance that would remain strongly pro-European regardless of who takes the helm," the rating firm says in the October report.
"However, governance by, per force, inexperienced opposition parties may inject a hitherto unusual degree of volatility into Slovenian politics."
According to the report, real GDP expanded by a stronger-than-expected 4.6 percent year-on-year in Q2, noting that the growth was driven entirely by domestic demand.
Given the possibility of high oil prices squeezing disposable incomes and profit margins in the second half, D&B has decided to increase its 2004 real GDP growth forecast only moderately to 3.8 percent, up from 3.5 percent.

Dun&Bradstreet Expects Little Change Beyond Election

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