Macroeconomic Overview
01/15/10
Macro-Stability of Slovene Economy
According to Maastricht's criteria key elements in a macro-stability package are low inflation together with maintained price stability and a commitment to low budget deficit. Macro-stability cannot be divorced from unemployment as well. Consequently macro-stability is an effective means of achieving sustained economic growth. According to the statistics, Slovenia's main advantages in comparison to European Monetary Union are ILO unemployment rate and economic growth, meanwhile the main disadvantage is account deficit as a per cent of GDP.
