Obletnica ustanovitve ECB: 25 let sodelovanja, enotnosti in neodvisnosti © Banka Slovenije

Anniversary of the founding of the ECB: 25 years of collaboration, unity and independence

05/30/2023 / Press release

On 1 June the European Central Bank celebrates the 25th anniversary of its founding, which was one of the major milestones in the process of European integration into a single market with a common currency. Slovenia became part of the euro area when it joined the euro in 2007, since which we have helped to shape euro area monetary policy for its 350 million inhabitants. In marking the anniversary Boštjan Vasle, Governor of Banka Slovenije, highlighted the importance of the central bank independence in shaping monetary policy, which is one of the great institutional achievements in the area of economic policy.

Bilten, maj 2023 © Banka Slovenije

Monthly Bulletin, May 2023

05/30/2023 / Publications

EURIBOR for all maturities has gradually increased this year as well. The six-month ali rate ali EURIBOR amounted to 3.50% in April 2023, which is 0.94 percentage points more than at the end of 2022.

Ugodna gospodarska aktivnost v prvem letošnjem četrtletju © Banka Slovenije

Economic activity remains favourable in the first quarter

05/16/2023 / Press release

Following last year’s high growth, the economy slowed as expected in the early part of this year, but remained in decent shape. Economic growth continues to be mainly driven by domestic demand, which is being reflected in particular in services (other than retail) and construction. Net exports thus made a positive contribution to GDP growth, mainly in connection with the realisation of past orders and the resulting sharp run-down of inventories.

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ECB INTEREST RATES

Date: 05/10/2023

Main refinancing operations: 3.75

FOREIGN EXCHANGE RATES

Date: 06/01/2023

EUR/USD 1.0697
EUR/CHF 0.9732

INFLATION RATE – HICP (annual percentage changes)

Date: 04/30/2023

  • 2.0%was the average headline inflation in 2021, as measured by HICP.

  • €9.4 billionwas excess liquidity of the Slovenian banking system at the end of 2021.

  • 1.2%was NPE ratio in the banking system at the end of 2021.

  • €12.9 billion net total of cash issued into circulation by the end of 2021 by Banka Slovenije since the adoption of the euro.

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Video

Do you know what the four key tasks of Banka Slovenije are?

At Banka Slovenije, we place great emphasis on financial literacy, as over the last few years there has been a strong need to offer the population a wide range of educational opportunities in the financial field. As part of our efforts in this area, we have also prepared a short animation presenting Banka Slovenije's key tasks.