ECB again criticises Slovene attempt to change central bank law
Politicians’ attempt to compensate bailed-in shareholders would break EU law – ECB
The European Central Bank (ECB) has once again strongly criticised attempts by politicians in Slovenia to change the law affecting the central bank.
When several of the country’s largest commercial banks were on the brink of failure in 2013 and 2014, the Bank of Slovenia “bailed in” their shareholders and large-scale depositors. Despite a ruling by the European Court of Justice upholding the bail-in, many of those who lost money have formed a politically influential lobby.
The draft law is the
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