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Simeon Mitropolitski

Simeon Mitropolitski is a Canadian analyst, of Bulgarian origin, and a former syndicated columnist with the Bulgarian News Agency (BTA). He is the author of several hundred articles dealing with hot political and economic topics, both national and international.

He was part of the first group of Bulgarian intellectuals and students that began the opposition movement that finally put an end to the communist regime in this country in 1989, and in 1996-1997 participated in international observation teams during the elections in several Balkan countries - Romania, Albania and Bulgaria.

In 2002 Simeon and his family moved from Bulgaria to Canada where they live now in Montreal, province of Quebec. Simeon is a Master of Political Science from McGill University and a B.A. of Political Science and History.

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27 September 2008

Slovenia: Choosing left alternative

© 2008, IRED.Com, Inc., Simeon Mitropolitski

Slovenia's center-left party, the Social Democrats, defeated the center-right coalition in the last Sunday's general election. The winners are expected to explore the possibility of a coalition with the Liberal Democrats and the Pensioners' party, two other center-left political formations. The new government will take office at a time of slowing economic growth in the country, which has the highest GDP per capita among the newest EU members and also the highest rate of inflation in the Eurozone. It's expected to turn back to some external pressure over the issue of inflation and to establish closer relations with the trade unions and left-leaning domestic pressure groups. The issue of poverty will likely dominate the economic policy at the expense of the more traditional monetarist concerns with the inflation. The pace of privatization, already among the slowest in post-communist Europe, will likely get even slower.

Slovenia is, undoubtedly, an East Central European success story, if not the success story. The GDP per capita is closing in on the older EU members fast. It's a Eurozone member. Besides, it's a NATO member too, a fact that gets increasingly important in the light of the recent Russian military operation against Georgia. Yet it's not everything rosy in this tiny Alpine country. Depending on the vantage point, the country is either plagued with administrative immobility, or with little care about the most deprived. For a country with similar GDP per capita and social culture, the number of poor persons is too high. On the other side, for a country with similar GDP per capita and aspirations of being full EU member, the level of economic liberalism is too low.

As these two vantage points couldn't be successfully reconciled, the recent election showed clearly which political position has larger public support. The Left parties will rule this country, which automatically predicts the large traits of the economic and social policy in the years ahead. The high inflation will be considered less of a problem in itself than for its social consequences. This means that the emphasis will be put on the redistribution of wealth instead of accumulation and fight against inflation. In a similar vein, the privatization will be put to rest for a while because of its high social cost. The relations with the European Union, so far rather good, will ultimately suffer.

Slovenia country profile:
  • Area: 20,273 sq km
  • Population: 2 million (July 2008 est.).
  • Population growth rate: -0.088% (2008 est.).
  • Life expectancy at birth: 76.73 years.
  • Total fertility rate: 1.27 children born/woman (2008 est.).
  • Ethnic groups: Slovene 83%, Croat 2%, Serb 2%, Hungarian 0.4% (2002).
  • Languages: Slovenian 91%, Serbo-Croatian 4.5% (2002).
  • GDP per capita: purchasing power parity $27,200 (2007 est.).
  • GDP real growth rate: 6.1% (2007 est.).
  • Unemployment rate: 4.8% (2007 est.).
  • Population below poverty line: 12.9% (2004).
  • Inflation rate: 3.6% (2007 est.).
  • Main trading partners: Germany, Italy, Austria, France, and some former Yugoslav republics.
  • Internet users: 1.25 million (2008).
(Sources: CIA World Factbook 2008, Reuters)

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See also the directory of companies providing real estate services in, and general real estate information of Slovenia.

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