The coronavirus pandemic has already hit the Slovenian economy, but economists at the country’s central bank believe the worst is yet to come. They estimate that the state loses is losing between €20m and €60m per day worth of output, which means the current crisis could cost Slovenia as much as €8bn in lost production. At the same time, the country is incurring heavy costs in its fight with the spread of COVID-19. The average Slovenian is expected to be €4,000 poorer by the end of the year and its GDP will fall by between 6 and 16 percent. The worst affected sectors, transport, tourism and trade, could see shortfalls of up to 35 percent.
