Coalition Locked in Battle over Triglav Privatisation

Triglav had been designated as a strategic asset, but the Pensioners Party (DeSUS) revealed on Tuesday that the latest version of the strategy makes it an "important investment", a class in which the state wants to retain a controlling stake of 25% plus one share.

DeSUS will not support a strategy that does not designate Triglav as a strategic asset, deputy group leader Franc Jurša told reporters today after a coalition meeting dedicated to the strategy was postponed to Wednesday.

The main reason why DeSUS is interesting in preserving Triglav in state ownership is that the 35% stake currently held by the Pension and Disability Insurance Institute (ZPIZ) is to be transferred to a demographic fund, which will finance the ZPIZ pension shortfall.

Jurša said the last-minute change occurred after Finance Minister Dušan Mramor returned from a trip to the US. The party will demand an explanation, he said.

Source: The Slovenia Times