Bank of Slovenia Dep Gov: Further Steps to Depend on Current Developments
31 January 2025

By David Barwick – FRANKFURT (Econostream) – Bank of Slovenia Deputy Governor Primož Dolenc on Friday said that the European Central Bank’s Governing Council would adjust its monetary policy stance according to incoming data.
In a statement posted to the website of the Bank of Slovenia, Dolenc, who is acting as governor following the Slovenian government’s failure to fill the top spot after the departure three weeks ago of Governor Boštjan Vasle, said that ‘further steps remain dependent on current developments, i.e. economic and financial data, underlying inflation developments and the strength of our policy response.’
‘Uncertainty about future developments remains high’, he said. ‘There are signs of a gradual easing of labour demand in the labour market, but unemployment remains at historically low levels.’
Dolenc became acting governor on 9 January, in which capacity he is invited to attend meetings of the Governing Council of the ECB, but does not have voting rights for monetary policy decisions.