Decisions adopted by the Governing Board on 4 March 2008

1. At its meeting today the Governing Board of the Bank of Slovenia studied current economic and financial trends. Year-on-year inflation remains high, and with declining domestic consumption and economic activity and moderate growth in labour costs the domestic economic environment could gradually become counter-inflationary and enable inflation to fall.
   
2. The Governing Board of the Bank of Slovenia studied and discussed the ongoing activities of banks and current events on equity markets. The rate of growth in loans to the non-banking sector remains high, though the overall trend in the first month of the year did not rise. Loans to other financial organisations and loans to non-residents underwent the most notable increase in growth. Corrections to prices on the equity market were partly responsible for a reduction in the relation between share prices and revenue, and the reduction in value of units of a number of domestic mutual funds.
   
3. The Governing Board of the Bank of Slovenia approved the issue of the following tenders by the Governing Board’s Commission for research work in 2008:
                                  (i.)        tender for research projects in 2008
                                (ii.)        tender for three grants for postgraduate abroad, and
                               (iii.)        Bank of Slovenia 2008 competition for degree dissertations.