Suchergebnisse

Abstract. The purpose of the article is to explain the creation of the Slovenian debt state and its transformation
into a consolidation state after the crisis of 2008. When
the crisis struck Slovenia in 2009, the banking system
was near collapse. Through the recapitalisations of the
banking system the public debt began to grow. After a
couple of years and under the structural pressures of rating agencies and pressures from the EU, the Slovenian
state had to adopt austerity measures to consolidate its
public finances, while limiting the scope of democracy.
The main finding of the article is that the crisis of 2008
fundamentally changed the Slovenian state.
Keywords: capitalist state, consolidation state, debt,
Slovenia, democracy