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Published on 6/7/2006 in the Prospect News Emerging Markets Daily.

Moody's may upgrade Slovenia

Moody's Investors Service said it placed the Republic of Slovenia's Aa3-rated foreign and local currency government bonds, as well as the Aa3 ceiling for foreign currency bank deposits, on review for possible upgrade.

Moody's said the review is prompted by Slovenia's continuing, solid macroeconomic performance, its structural reform initiatives, its accession to the European Union in May 2004 and its formal acceptance for adoption of the euro no later than early 2007.


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