Slovenia Falls From Economic Grace, Struggling to Avert a Bailout

Only a few years ago, Bine Kordez was feted as Slovenia’s star entrepreneur. After transforming a home-improvement chain, Merkur, into a regional giant, he drew on easy credit from state-run banks to help orchestrate a €400 million management buyout of the company, the largest in the country’s…

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Slovenia Falls From Economic Grace, Struggling to Avert a Bailout