Despite the uncertainty in key export markets, economic activity in Slovenia remained relatively favourable in the final quarter of last year, in line with our latest projections. The domestic labour market is showing signs of cooling, even amid persistent tightness and continuing robust wage growth. Inflation in December was up slightly on the previous month as expected.

Banka Slovenije publishes monthly the key data of the banking system for the last available month. More detailed data on bank operations are also available in the form of an enriched statistical database.

Under the aegis of the European Banking Authority (EBA) and the ECB, this year we will once again conduct stress tests for the 96 largest banks in the euro area. Of these, 45 fall under the direct supervision of the ECB. This sample of banks account for approximately 75% of the aggregate balance sheet total of banks in the euro area. The stress tests will be based on a bottom-up approach, with a number of top-down elements.