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Slovenian central bank sees economy contracting 6-6.5% in 2020

ZAGREB, Oct 5 (Reuters) - The Slovenian central bank expects the country’s economy to contract by between 6.0% and 6.5% this year, the governor Bostjan Vasle said at an economic conference on Monday.

“In comparison to all the bad scenarios we were preparing for a few months ago, the economic situation is now facing the least bad option,” Vasle was quoted as saying by the STA news agency.

However, he said that uncertainty about future developments remained.

“If health conditions worsen, it will affect the economy like it did before,” he said, referring to the coronavirus pandemic and fallout from measures taken to slow its spread.

Reporting by Igor Ilic in Zagreb, editing by Kirsten Donovan