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SLOVENE OFFICIAL COMMENTS ON LJUBLJANSKA BANKA DEBT

LJUBLJANA, Sept 7 (Hina) - Slovenia cannot take over the payment of savings deposits of the Ljubljanska Banka Zagreb clients because it is a matter of succession, and should it be decided that Slovenia must pay the debt, the burden will have to be shouldered by Slovene tax payers, the Slovene government's high representative for succession, Rudi Gabrovec, said in an interview with Slovene Television on Friday.
LJUBLJANA, Sept 7 (Hina) - Slovenia cannot take over the payment of savings deposits of the Ljubljanska Banka Zagreb clients because it is a matter of succession, and should it be decided that Slovenia must pay the debt, the burden will have to be shouldered by Slovene tax payers, the Slovene government's high representative for succession, Rudi Gabrovec, said in an interview with Slovene Television on Friday. #L# "The payment of old savings deposits of the Ljubljanska Banka in Croatia, Bosnia-Herzegovina, and Macedonia is the obligation of those states because the deposits were made there... You incur a debt if you borrow something, and if you have not taken or promised anything, there is no debt," said Gabrovec. The problem of old savings deposits is being settled within talks on succession to the former Yugoslavia and Slovenia advocates the territorial principle in debt payment because it has paid its debt to Ljubljanska Banka depositors in Slovenia, he added. Gabrovec, a former director of the Ljubljanka Banka office in New York and later Prime Minister Janez Drnovsek's chief-of-staff, said there was no moral debt to depositors from other countries either. (hina) rml

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