D&B: Slovenia Still Firmly Top in the Region
The July report of the international rating firm Dun&Bradstreet (D&B) keeps the country firmly at the top in Eastern Europe. Slovenia retains a DB2b rating, thereby consolidating its position at the top of the regional table.
News that Slovenia will be the first of the ten new EU members to adopt the euro has been greeted positively by the markets. This comes on top of preliminary figures for real GDP growth in Q1 2006 that indicate a more robust pace of expansion than expected previously.
Dun&Bradstreet believes sharp increases in prices are unlikely to accompany the introduction of the new currency, as Slovenian prices are already aligned with prices in the eurozone and the government has set up a well thought-out campaign to prevent the "rounding-up" of prices from the tolar to the euro.
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