Slovenia's biggest bank backs 1-billion-euro recapitalisation figure


LJUBLJANA (Reuters) - The head of Slovenia's largest bank backed a government estimate of around 1 billion euros to recapitalise the country's three main lenders after the figure was questioned by the Organisation for Economic Cooperation and Development earlier this week.

Slovenia, racing to avert a bailout, said on Friday it would have a plan ready to put to parliament in two weeks to sell off state assets, probably including a bank. The country is facing intensifying pressure from markets and a potential squeeze on its finances following the messy bailout of Cyprus last month.

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