Slovenia's housing market rapidly cooling
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The centre-left candidate Zoran Janković, a former major of Ljubljana, won a narrow victory in the Republic of Slovenia’s presidential elections on December 2011 for the Positive Slovenia party, but failed to be elected as prime minister. The new government was formed instead by a right-leaning coalition of five parties, led by Janez Janša, president of the second-placed Slovenian Democratic Party.
As a eurozone member, Slovenia´s housing market is suffering from the the euro’s crisis and possible eurozone recession. Until the euro crisis heads towards a real solution, uncertainty is likely to be the main driver.
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