Recently, the Slovenian police claimed they discovered a man’s body when the level of the water went down last weekend which makes the death toll reach three persons.

The 43-year –old man that who was missing since last Saturday, drowned near his house by the river of Pivka located in northwestern Slovenia. His body was discovered last Wednesday.

This took place because of the torrential rains last weekend that made the river banks burst that flooded big areas within Slovenia.

Slovenia’s leading insurance company claims that the damaged cause by the flood is to exceed €20 million ($15 million). The Slovenian deputies in the European Parliament stated that they could ask the EU for funds to fix the damages.

Few scientists has ranked Slovenia among the nations with the highest biodiversity within the European Union thus regarded it as one of the hot spots in the continent. Approximately 22,000 plant and animal species have been noted within Slovenia however it is stated that it has at least 50,000 to 120,000 that actually exist there. These composed of both native species with 850 such species that lives in Slovenia’s caves.

Furthermore, Slovenia is also composed on a huge number and animal and plant species that are considered endangered in Europe or in the verge of extinction. Approximately 26% of Slovenia’s surface is protected which is regarded as the highest area within Europe.

The biodiversity of Slovenia is specifically threatened by the alteration in the natural habitat of these species. This includes collecting, harvesting, fishing, hunting and trading of endangered species.

Nova Ljubljanska Banka will be receiving a capital boost coming from the government of Slovenia or a strategic companion right after the European Union stress tests revealed that Slovenia’s largest lender needs to increase their fresh funds.

According to the Prime Minister of Slovenia, Borut Pahor, Nova Ljubljanska Banka needs a recapitalization and the needed money will be coming either from the Slovenian government or the taxpayers, or from a strategic partner.

The said Slovenian bank passed the European Unions inspection last July 23 that revealed that its capital ration would drop to 6.3% at the end of year 2011 which will happen in case a recession takes places plus a sovereign debt crisis. The Slovenian based bank will also ask from its shareholder an amount of 400 million euro or 517 million dollars capital increase this coming September.

NLB, that concentrates its business in the Balkans, will need about 600 million euros to repay their liabilities within the next 3 years.

Slovenia together with Serbia and Croatia have agreed and signed a declaration needed for the creation of the joint railway company to give a solution to the traffic at Corridor 10.

Milutin Mrkonjic, Serbian Minister of Infrastructure, stated that this new company will commence its operation this year on September 1. Slovenia, one of the countries involved in this agreement will lead the company since Slovenia is a member of the European Union.

Through the agreement and signing of this deal, the three countries involved are compelled to work on eradicating the administrative limitations particularly of the transportation of goods and passengers during the crossing of borders.

Slovenia, a Eurozone member, will be taking a loan according to their finance minister together with revising their budget to be able to participate in the 110-billion-euro rescue package for Greece. They will gather the need resources and they will loan from the international market and lend it to Greece with 1% higher interest rate. The finance minister also stated that they will revised their budget along with sending to the parliament a special bill enabling them to take part in the rescue package for Greece. This is being put up together by the European Union as well as the International Monetary Fund.

Slovenia has joined the Euro area in the year 2007 which needs to contribute 384 million eurps to the international bailout package starting with 114 million Euros this year. Just last weekend, Greece’s 15 Eurozone partners decided to put up an 80 billion Euro of unprecedented 110-billion-euro bailout package together with the IMF which will be over three years. The rescue packages come with strings attached and the European Union strongly insist that Greece must stick with the austerity plan or else the loans will be stopped which will lead the debt-laden country to bankruptcy.