Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure SI-2023-1/3067 – measures in Slovenia
|Country||Slovenia , applies nationwide|
|Time period||Temporary, 01 January 2023 – 31 December 2024|
|Context||War in Ukraine|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Access to finance
|Author||Maja Breznik (University of Ljubljana) and Eurofound|
|Measure added||17 February 2023 (updated 22 March 2023)|
On 27 December 2022, the National Assembly adopted a long-awaited aid package for the economy: Act on Aid to the Economy to Mitigate the Effects of the Energy Crisis (ZPGOPEK). Following the partial subventions for rising energy costs in March 2022 and August 2022 , the law provides the basis for comprehensive aid to the economy in 2023. It consists of three support measures:
The whole aid package (subsidies for energy price increases, wage compensations and liquidity loans) is worth €1.2 billion.
Two funds (the Slovenian Enterprise Fund and the Slovenian Regional Development Fund) and SID bank are responsible for the distribution of liquidity loans.
The law Act on Aid to the Economy to Mitigate the Effects of the Energy Crisis (ZPGOPEK) provides €250 million of soft loans to improve companies' liquidity. The Slovenian Enterprise Fund (Slovenski podjetniški sklad) and the Slovenian Regional Development Fund (Slovenski regionalni razvojni sklad) make €30 million available in 2023 and €20 million in 2024.
In cooperation with the Ministry of Economy, Tourism and Sport, SID bank offers €150 million in loans to companies affected by the energy crisis or the Ukraine war. A large share is for investments in technological development projects, the rest is for other investments and working capital.
Together with the Ministry of Environment, Climate and Energy, SID bank has a loan fund for road hauliers during the energy crisis.
No information available.
|Does not apply to workers||Applies to all businesses||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Consultation through tripartite or bipartite social dialogue bodies||Consultation through tripartite or bipartite social dialogue bodies|
Social partners' role in the implementation, monitoring and assessment phase:
The Economic and Social Council (ESS), the tripartite social dialogue body, discussed and negotiated the law draft.
On 10 February 2023, five employer organisations sent a public letter to the government. They stressed the problem of large and energy-intensive companies to which the regulation of energy prices does not apply. Moreover, they pointed out the ineffectiveness of subsidies for large companies due to the many restrictions imposed by the ZPGOPEK and the liquidity issues, as the first subsidies will be paid at the end of March 2023, while the payment deadlines for electricity suppliers are 15 days.
Eurofound (2023), Liquidity loans, measure SI-2023-1/3067 (measures in Slovenia), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/SI-2023-1_3067.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.